Unilever PLC (NYSE:UL) Shares Purchased by Mather Group LLC.

Mather Group LLC. increased its stake in shares of Unilever PLC (NYSE:UL) by 11.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,680 shares of the company’s stock after acquiring an additional 1,127 shares during the period. Mather Group LLC.’s holdings in Unilever were worth $536,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Red Tortoise LLC acquired a new stake in Unilever during the first quarter worth about $26,000. ST Germain D J Co. Inc. boosted its position in Unilever by 423.8% during the second quarter. ST Germain D J Co. Inc. now owns 529 shares of the company’s stock worth $29,000 after purchasing an additional 428 shares in the last quarter. Quent Capital LLC purchased a new position in Unilever during the first quarter worth approximately $28,000. Rise Advisors LLC purchased a new position in Unilever during the first quarter worth approximately $28,000. Finally, YHB Investment Advisors Inc. purchased a new position in Unilever during the first quarter worth approximately $30,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on UL. JPMorgan Chase & Co. upgraded Unilever from an “underweight” rating to an “overweight” rating in a research report on Thursday, May 23rd. TD Cowen assumed coverage on Unilever in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 target price on the stock. Redburn Atlantic upgraded Unilever from a “neutral” rating to a “buy” rating in a research report on Friday, June 7th. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, UBS Group upgraded Unilever to a “strong sell” rating in a research report on Tuesday, July 30th. Four equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $58.33.

Unilever Trading Up 1.0 %

Shares of NYSE UL traded up $0.60 during trading on Tuesday, reaching $61.32. The stock had a trading volume of 5,239,792 shares, compared to its average volume of 2,835,542. Unilever PLC has a fifty-two week low of $46.16 and a fifty-two week high of $62.65. The business’s 50-day moving average price is $56.80 and its 200-day moving average price is $52.45.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, August 9th will be paid a $0.4773 dividend. The ex-dividend date of this dividend is 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 dividend yield of 3.11%.

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.