Aaron Wealth Advisors LLC Buys 2,351 Shares of Unilever PLC (NYSE:UL)

Aaron Wealth Advisors LLC boosted its stake in Unilever PLC (NYSE:UL) by 14.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,975 shares of the company’s stock after purchasing an additional 2,351 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Unilever were worth $1,076,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Unilever by 16.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock valued at $7,180,000 after purchasing an additional 15,941 shares during the period. Verition Fund Management LLC purchased a new stake in shares of Unilever in the third quarter worth $11,694,000. Bank of Montreal Can boosted its stake in Unilever by 249.5% during the second quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock valued at $98,204,000 after buying an additional 1,248,136 shares during the period. WCM Investment Management LLC grew its position in Unilever by 236.2% during the third quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock worth $1,997,000 after buying an additional 21,441 shares in the last quarter. Finally, Radnor Capital Management LLC bought a new position in Unilever in the 3rd quarter worth about $1,388,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Trading Up 0.4 %

Shares of NYSE UL opened at $55.68 on Friday. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The firm’s 50 day simple moving average is $57.62 and its two-hundred day simple moving average is $60.28.

Unilever Increases Dividend

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

Wall Street Analysts Forecast Growth

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

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.