D.A. Davidson & CO. boosted its stake in shares of Unilever plc (NYSE:UL) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,817 shares of the company’s stock after purchasing an additional 3,103 shares during the period. D.A. Davidson & CO.’s holdings in Unilever were worth $3,974,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Advisors Preferred LLC purchased a new position in Unilever during the third quarter worth approximately $122,000. Calton & Associates Inc. purchased a new position in Unilever during the fourth quarter worth approximately $134,000. Fieldpoint Private Securities LLC purchased a new position in Unilever during the third quarter worth approximately $135,000. Duncker Streett & Co. Inc. purchased a new position in Unilever during the fourth quarter worth approximately $152,000. Finally, Global Trust Asset Management LLC purchased a new position in Unilever during the fourth quarter worth approximately $174,000. 7.12% of the stock is currently owned by institutional investors.
A number of research firms have weighed in on UL. Zacks Investment Research downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, December 19th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Unilever in a research note on Monday, December 18th. Finally, Argus began coverage on shares of Unilever in a research note on Friday, November 17th. They set a “hold” rating on the stock. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $44.50.
Shares of Unilever plc (UL) opened at $53.55 on Friday. Unilever plc has a 52-week low of $44.33 and a 52-week high of $60.13.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Friday, February 16th will be given a $0.4452 dividend. The ex-dividend date is Thursday, February 15th. This represents a $1.78 annualized dividend and a dividend yield of 3.33%. This is a positive change from Unilever’s previous quarterly dividend of $0.42.
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Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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