Unilever PLC (NYSE:UL) Shares Acquired by Foresight Capital Management Advisors Inc.

Foresight Capital Management Advisors Inc. grew its stake in Unilever PLC (NYSE:UL) by 4.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 46,434 shares of the company’s stock after buying an additional 2,139 shares during the quarter. Unilever accounts for about 1.8% of Foresight Capital Management Advisors Inc.’s portfolio, making the stock its 21st largest holding. Foresight Capital Management Advisors Inc.’s holdings in Unilever were worth $3,016,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Red Tortoise LLC purchased a new position in shares of Unilever in the 1st quarter valued at about $26,000. Rise Advisors LLC purchased a new stake in Unilever during the 1st quarter worth approximately $28,000. Quent Capital LLC purchased a new stake in Unilever during the 1st quarter worth approximately $28,000. ST Germain D J Co. Inc. increased its stake in Unilever by 423.8% during the 2nd quarter. ST Germain D J Co. Inc. now owns 529 shares of the company’s stock worth $29,000 after buying an additional 428 shares in the last quarter. Finally, Abich Financial Wealth Management LLC increased its stake in Unilever by 393.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock worth $29,000 after buying an additional 425 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Trading Down 0.9 %

NYSE:UL traded down $0.59 during midday trading on Monday, reaching $62.25. The company had a trading volume of 1,266,646 shares, compared to its average volume of 2,706,812. The stock’s fifty day simple moving average is $63.39 and its 200-day simple moving average is $56.87. Unilever PLC has a 12-month low of $46.16 and a 12-month high of $65.87.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 9th were paid a $0.4773 dividend. The ex-dividend date was Friday, August 9th. This is a boost from Unilever’s previous quarterly dividend of $0.46. This represents a $1.91 dividend on an annualized basis and a yield of 3.07%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on UL shares. UBS Group upgraded Unilever to a “strong sell” rating in a research report on Tuesday, July 30th. Bank of America upgraded Unilever from an “underperform” rating to a “buy” rating and upped their price target for the company from $47.00 to $72.00 in a research report on Thursday, August 22nd. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Friday. Finally, TD Cowen started coverage on Unilever in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price target for the company. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Unilever has an average rating of “Hold” and a consensus target price of $61.75.

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.