Dakota Wealth Management Boosts Holdings in Unilever PLC (NYSE:UL)

Dakota Wealth Management boosted its holdings in shares of Unilever PLC (NYSE:UL) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 61,896 shares of the company’s stock after buying an additional 473 shares during the quarter. Dakota Wealth Management’s holdings in Unilever were worth $3,001,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Quilter Plc purchased a new position in Unilever in the 1st quarter valued at about $244,998,000. Fortis Capital Advisors LLC acquired a new position in shares of Unilever in the fourth quarter valued at approximately $26,000. Life Planning Partners Inc purchased a new position in shares of Unilever during the fourth quarter valued at approximately $27,000. Jones Financial Companies Lllp boosted its position in Unilever by 111.5% during the third quarter. Jones Financial Companies Lllp now owns 552 shares of the company’s stock worth $27,000 after acquiring an additional 291 shares during the last quarter. Finally, VisionPoint Advisory Group LLC grew its stake in Unilever by 215.1% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock worth $29,000 after acquiring an additional 400 shares during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UL has been the topic of a number of recent analyst reports. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a research note on Saturday. Morgan Stanley downgraded Unilever from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $52.00 to $48.00 in a research report on Tuesday, February 27th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Unilever presently has a consensus rating of “Hold” and an average price target of $48.00.

Unilever Stock Down 0.1 %

Shares of UL stock opened at $46.72 on Tuesday. Unilever PLC has a one year low of $46.16 and a one year high of $55.99. The company has a 50 day moving average price of $49.47 and a 200 day moving average price of $48.59.

Unilever Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, February 23rd were issued a dividend of $0.4582 per share. The ex-dividend date was Thursday, February 22nd. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.92%.

About Unilever

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.