Unilever PLC (NYSE:UL) Shares Bought by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC raised its stake in Unilever PLC (NYSE:UL) by 5.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,299 shares of the company’s stock after acquiring an additional 349 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Unilever were worth $409,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. ST Germain D J Co. Inc. raised its holdings in shares of Unilever by 423.8% in the second quarter. ST Germain D J Co. Inc. now owns 529 shares of the company’s stock worth $29,000 after acquiring an additional 428 shares during the last quarter. Abich Financial Wealth Management LLC raised its holdings in shares of Unilever by 393.5% in the second quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock worth $29,000 after acquiring an additional 425 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Unilever in the third quarter worth $35,000. 1620 Investment Advisors Inc. acquired a new position in shares of Unilever in the second quarter worth $30,000. Finally, Jamison Private Wealth Management Inc. raised its holdings in shares of Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after acquiring an additional 405 shares during the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Stock Performance

Shares of NYSE:UL opened at $57.40 on Friday. The business has a 50-day moving average of $62.75 and a two-hundred day moving average of $59.31. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be given a $0.4755 dividend. This is an increase from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Friday, November 8th. This represents a $1.90 annualized dividend and a dividend yield of 3.31%.

Analyst Ratings Changes

UL has been the subject of several analyst reports. UBS Group upgraded Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Bank of America upgraded Unilever from an “underperform” rating to a “buy” rating and upped their target price for the company from $47.00 to $72.00 in a research note on Thursday, August 22nd. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, TD Cowen initiated coverage on Unilever in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 target price for the company. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Unilever currently has a consensus rating of “Hold” and a consensus target price of $61.75.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.