Foundations Investment Advisors LLC Buys 261 Shares of Unilever PLC (NYSE:UL)

Foundations Investment Advisors LLC increased its stake in shares of Unilever PLC (NYSE:UL) by 4.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,011 shares of the company’s stock after acquiring an additional 261 shares during the period. Foundations Investment Advisors LLC’s holdings in Unilever were worth $390,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. boosted its holdings in shares of Unilever by 75.8% in the 1st quarter. Financial Management Professionals Inc. now owns 610 shares of the company’s stock valued at $31,000 after buying an additional 263 shares during the last quarter. Cornerstone Wealth Group LLC acquired a new stake in Unilever in the first quarter valued at $337,000. Sandy Cove Advisors LLC grew its position in shares of Unilever by 5.3% in the 1st quarter. Sandy Cove Advisors LLC now owns 10,720 shares of the company’s stock valued at $538,000 after acquiring an additional 540 shares during the period. Optas LLC increased its stake in shares of Unilever by 8.8% during the 1st quarter. Optas LLC now owns 5,389 shares of the company’s stock worth $270,000 after purchasing an additional 438 shares during the last quarter. Finally, Breakwater Capital Group lifted its stake in Unilever by 7.6% in the 1st quarter. Breakwater Capital Group now owns 7,065 shares of the company’s stock valued at $355,000 after purchasing an additional 500 shares during the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on UL. UBS Group raised Unilever to a “strong sell” rating in a research report on Tuesday, July 30th. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Friday, October 4th. Bank of America raised shares of Unilever from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $47.00 to $72.00 in a research report on Thursday, August 22nd. Finally, TD Cowen initiated coverage on shares of Unilever in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price objective on the stock. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $61.75.

Unilever Trading Down 1.0 %

UL stock opened at $61.69 on Friday. Unilever PLC has a fifty-two week low of $46.16 and a fifty-two week high of $65.87. The business’s fifty day moving average price is $63.79 and its two-hundred day moving average price is $58.04.

Unilever Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 8th will be paid a $0.4755 dividend. This is a boost from Unilever’s previous dividend of $0.35. The ex-dividend date of this dividend is Friday, November 8th.

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.