Great Valley Advisor Group Inc. Acquires 7,581 Shares of Unilever PLC (NYSE:UL)

Great Valley Advisor Group Inc. boosted its stake in Unilever PLC (NYSE:UL) by 11.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,714 shares of the company’s stock after purchasing an additional 7,581 shares during the period. Great Valley Advisor Group Inc.’s holdings in Unilever were worth $4,918,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Mayflower Financial Advisors LLC boosted its stake in shares of Unilever by 4.1% in the 2nd quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company’s stock valued at $231,000 after purchasing an additional 167 shares during the last quarter. O Brien Greene & Co. Inc grew its holdings in Unilever by 2.7% during the 2nd quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock worth $366,000 after acquiring an additional 174 shares during the period. Crewe Advisors LLC raised its position in shares of Unilever by 17.3% in the 2nd quarter. Crewe Advisors LLC now owns 1,186 shares of the company’s stock worth $65,000 after acquiring an additional 175 shares in the last quarter. Bailard Inc. lifted its stake in shares of Unilever by 1.2% in the 2nd quarter. Bailard Inc. now owns 15,014 shares of the company’s stock valued at $826,000 after purchasing an additional 179 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of Unilever by 7.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock valued at $181,000 after purchasing an additional 181 shares in the last quarter. 9.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

UL has been the topic of several recent analyst reports. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. UBS Group upgraded shares of Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Finally, Bank of America raised shares of Unilever from an “underperform” rating to a “buy” rating and lifted their price target for the company from $47.00 to $72.00 in a research note on Thursday, August 22nd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Stock Performance

UL opened at $58.61 on Friday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The company’s fifty day moving average price is $61.86 and its two-hundred day moving average price is $59.60.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be issued a $0.4755 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date of this dividend is Friday, November 8th. This is a positive change from Unilever’s previous quarterly 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.