Foundations Investment Advisors LLC Acquires 261 Shares of Unilever PLC (NYSE:UL)

Foundations Investment Advisors LLC raised its holdings in Unilever PLC (NYSE:UL) by 4.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,011 shares of the company’s stock after acquiring an additional 261 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Unilever were worth $390,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Fiera Capital Corp grew its stake in shares of Unilever by 1,866.0% during the second quarter. Fiera Capital Corp now owns 2,135,859 shares of the company’s stock worth $117,451,000 after purchasing an additional 2,027,221 shares during the period. Equity Investment Corp boosted its holdings in Unilever by 107.1% during the first quarter. Equity Investment Corp now owns 2,910,751 shares of the company’s stock worth $146,091,000 after buying an additional 1,505,233 shares during the last quarter. Bank of Montreal Can grew its position in shares of Unilever by 249.5% during the 2nd quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock worth $98,204,000 after buying an additional 1,248,136 shares during the period. Clearbridge Investments LLC raised its position in shares of Unilever by 598.7% in the 2nd quarter. Clearbridge Investments LLC now owns 1,301,239 shares of the company’s stock valued at $71,555,000 after acquiring an additional 1,114,992 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Unilever by 26.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company’s stock valued at $241,145,000 after acquiring an additional 911,443 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Ratings Changes

UL has been the subject of several recent analyst reports. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, October 4th. TD Cowen began coverage on Unilever in a research note on Tuesday, July 23rd. They set a “buy” rating and a $67.00 price objective on the stock. UBS Group raised Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Finally, Bank of America raised Unilever from an “underperform” rating to a “buy” rating and raised their price target for the stock from $47.00 to $72.00 in a research report on Thursday, August 22nd. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $61.75.

Unilever Trading Down 1.0 %

NYSE:UL opened at $61.69 on Friday. The stock has a 50-day simple moving average of $63.79 and a 200 day simple moving average of $58.04. Unilever PLC has a 52-week low of $46.16 and a 52-week high of $65.87.

Unilever Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be issued a $0.4755 dividend. The ex-dividend date is Friday, November 8th. This is an increase from Unilever’s previous dividend of $0.35.

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.