Hennion & Walsh Asset Management Inc. Purchases 4,724 Shares of Unilever PLC (NYSE:UL)

Hennion & Walsh Asset Management Inc. lifted its position in shares of Unilever PLC (NYSE:UL) by 66.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,848 shares of the company’s stock after acquiring an additional 4,724 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Unilever were worth $672,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted its holdings in Unilever by 7.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock worth $181,000 after purchasing an additional 181 shares in the last quarter. Timber Creek Capital Management LLC lifted its holdings in Unilever by 0.5% during the 3rd quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock worth $2,568,000 after purchasing an additional 182 shares in the last quarter. Good Life Advisors LLC lifted its holdings in Unilever by 4.5% during the 3rd quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock worth $295,000 after purchasing an additional 196 shares in the last quarter. Fiduciary Financial Group LLC lifted its holdings in Unilever by 4.3% during the 3rd quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock worth $307,000 after purchasing an additional 201 shares in the last quarter. Finally, Franklin Street Advisors Inc. NC lifted its holdings in Unilever by 4.0% during the 4th quarter. Franklin Street Advisors Inc. NC now owns 5,327 shares of the company’s stock worth $302,000 after purchasing an additional 204 shares in the last quarter. Institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Erste Group Bank reissued a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Three analysts have rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $61.75.

Unilever Stock Up 0.4 %

NYSE:UL opened at $55.68 on Tuesday. The business’s 50-day moving average price is $57.62 and its two-hundred day moving average price is $60.36. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were issued a dividend of $0.4755 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.42%. This is a boost from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, November 8th.

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.