Pathway Financial Advisers LLC Acquires 734 Shares of Unilever PLC (NYSE:UL)

Pathway Financial Advisers LLC grew its stake in Unilever PLC (NYSE:UL) by 2.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,726 shares of the company’s stock after buying an additional 734 shares during the period. Pathway Financial Advisers LLC’s holdings in Unilever were worth $2,016,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Wellington Management Group LLP raised its holdings in Unilever by 3.3% in the 4th quarter. Wellington Management Group LLP now owns 34,494,131 shares of the company’s stock worth $1,672,275,000 after acquiring an additional 1,114,417 shares during the period. Fisher Asset Management LLC grew its stake in shares of Unilever by 9.6% in the fourth quarter. Fisher Asset Management LLC now owns 10,830,250 shares of the company’s stock worth $525,051,000 after acquiring an additional 951,446 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in Unilever by 5.3% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 6,548,241 shares of the company’s stock worth $317,459,000 after acquiring an additional 329,705 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Unilever by 26.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company’s stock worth $241,145,000 after purchasing an additional 911,443 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in shares of Unilever by 19.3% in the first quarter. Lazard Asset Management LLC now owns 4,132,640 shares of the company’s stock valued at $207,416,000 after buying an additional 668,913 shares during the period. Institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

NYSE:UL opened at $64.95 on Tuesday. Unilever PLC has a 1 year low of $46.16 and a 1 year high of $65.87. The stock has a 50-day moving average price of $62.97 and a two-hundred day moving average price of $56.47.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 9th were paid a $0.4773 dividend. The ex-dividend date of this dividend was Friday, August 9th. This is a positive change from Unilever’s previous quarterly dividend of $0.46. This represents a $1.91 dividend on an annualized basis and a yield of 2.94%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, September 26th. UBS Group raised Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. TD Cowen started coverage on shares of Unilever in a report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 target price on the stock. Redburn Atlantic raised shares of Unilever from a “neutral” rating to a “buy” rating in a report on Friday, June 7th. Finally, Bank of America raised Unilever from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $47.00 to $72.00 in a report on Thursday, August 22nd. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target 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.