Weik Investment Services Inc. Maintains Holdings in Unilever PLC (UL)
Weik Investment Services Inc. maintained its position in shares of Unilever PLC (NYSE:UL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,675 shares of the company’s stock at the close of the 2nd quarter. Weik Investment Services Inc.’s holdings in Unilever PLC were worth $1,768,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the company. Mercer Capital Advisers Inc. raised its holdings in shares of Unilever PLC by 2.6% in the 2nd quarter. Mercer Capital Advisers Inc. now owns 1,950 shares of the company’s stock worth $106,000 after buying an additional 50 shares in the last quarter. Hanson & Doremus Investment Management lifted its position in shares of Unilever PLC by 7.2% during the 2nd quarter. Hanson & Doremus Investment Management now owns 2,230 shares of the company’s stock worth $121,000 after buying an additional 150 shares during the period. YorkBridge Wealth Partners LLC lifted its position in shares of Unilever PLC by 22.1% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 3,383 shares of the company’s stock worth $182,000 after buying an additional 613 shares during the period. NEXT Financial Group Inc lifted its position in shares of Unilever PLC by 7.6% during the 2nd quarter. NEXT Financial Group Inc now owns 3,616 shares of the company’s stock worth $196,000 after buying an additional 256 shares during the period. Finally, Northstar Group Inc. bought a new position in shares of Unilever PLC during the 2nd quarter worth approximately $211,000. Institutional investors own 7.30% of the company’s stock.
A number of research firms have commented on UL. Zacks Investment Research lowered shares of Unilever PLC from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. Royal Bank Of Canada cut shares of Unilever PLC from a “sector perform” rating to an “underperform” rating in a research note on Friday, August 11th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever PLC in a report on Thursday, September 7th. Finally, UBS AG reaffirmed a “neutral” rating on shares of Unilever PLC in a report on Monday, July 17th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $45.50.
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Unilever PLC (NYSE UL) traded up 0.03% on Monday, hitting $57.98. The company had a trading volume of 730,789 shares. The firm has a 50-day moving average price of $57.91 and a 200-day moving average price of $54.10. Unilever PLC has a 12-month low of $38.58 and a 12-month high of $59.68. The firm has a market capitalization of $163.07 billion, a PE ratio of 23.88 and a beta of 0.88.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th were issued a $0.409 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend was Wednesday, August 2nd. This is an increase from Unilever PLC’s previous quarterly dividend of $0.38.
About Unilever PLC
Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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