Aaron Wealth Advisors LLC Raises Holdings in Unilever PLC (NYSE:UL)

Aaron Wealth Advisors LLC boosted its stake in Unilever PLC (NYSE:UL) by 14.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 18,975 shares of the company’s stock after buying an additional 2,351 shares during the period. Aaron Wealth Advisors LLC’s holdings in Unilever were worth $1,076,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UL. Creative Financial Designs Inc. ADV lifted its holdings in shares of Unilever by 7.0% during the third 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. Timber Creek Capital Management LLC lifted its position in Unilever by 0.5% during the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock valued at $2,568,000 after purchasing an additional 182 shares during the period. Alhambra Investment Management LLC boosted its holdings in Unilever by 4.2% in the fourth quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock worth $260,000 after purchasing an additional 186 shares during the last quarter. Good Life Advisors LLC grew its position in Unilever by 4.5% in 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 during the period. Finally, Fiduciary Financial Group LLC raised its stake in Unilever by 4.3% during the 3rd quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock valued at $307,000 after buying an additional 201 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

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

Unilever Price Performance

UL opened at $55.68 on Friday. The firm has a 50-day simple moving average of $57.62 and a two-hundred day simple moving average of $60.28. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87.

Unilever Increases Dividend

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

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.