Unilever PLC (NYSE:UL) Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its position in shares of Unilever PLC (NYSE:UL) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,947 shares of the company’s stock after purchasing an additional 419 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Unilever were worth $6,291,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UL. Rhumbline Advisers raised its position in shares of Unilever by 1.3% in the second quarter. Rhumbline Advisers now owns 56,706 shares of the company’s stock worth $3,118,000 after acquiring an additional 704 shares during the period. Wealthspire Advisors LLC raised its holdings in Unilever by 2.3% in the 2nd quarter. Wealthspire Advisors LLC now owns 15,150 shares of the company’s stock worth $833,000 after purchasing an additional 334 shares during the period. J.W. Cole Advisors Inc. purchased a new position in Unilever during the second quarter worth approximately $604,000. Prime Capital Investment Advisors LLC grew its holdings in Unilever by 2.1% in the second quarter. Prime Capital Investment Advisors LLC now owns 102,374 shares of the company’s stock valued at $5,630,000 after purchasing an additional 2,082 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Unilever by 26.2% in the second quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company’s stock valued at $241,145,000 after buying an additional 911,443 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Finally, StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Trading Down 0.1 %

UL opened at $55.06 on Tuesday. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87. The firm has a market capitalization of $136.44 billion, a PE ratio of 16.58, a PEG ratio of 1.80 and a beta of 0.49. The firm’s 50-day moving average price is $58.00 and its 200 day moving average price is $60.35.

Unilever Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were given a $0.4755 dividend. The ex-dividend date was Friday, November 8th. This is a positive change from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.45%. Unilever’s dividend payout ratio is 56.63%.

Unilever 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.