Ameritas Advisory Services LLC Buys Shares of 16,023 Unilever PLC $UL

Ameritas Advisory Services LLC bought a new stake in shares of Unilever PLC (NYSE:UL) in the second quarter, Holdings Channel reports. The fund bought 16,023 shares of the company’s stock, valued at approximately $980,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. N.E.W. Advisory Services LLC bought a new position in shares of Unilever during the first quarter valued at approximately $30,000. Brentview Investment Management LLC bought a new position in shares of Unilever during the first quarter valued at approximately $33,000. Richardson Financial Services Inc. increased its stake in shares of Unilever by 209.0% during the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock valued at $37,000 after purchasing an additional 418 shares in the last quarter. Marshall & Sullivan Inc. WA bought a new position in shares of Unilever during the second quarter valued at approximately $55,000. Finally, Opal Wealth Advisors LLC bought a new position in shares of Unilever during the first quarter valued at approximately $63,000. Institutional investors own 9.67% of the company’s stock.

Unilever Trading Up 0.2%

NYSE:UL opened at $59.04 on Friday. Unilever PLC has a 12 month low of $54.32 and a 12 month high of $65.66. The company has a market cap of $144.85 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 3.55 and a beta of 0.40. The company has a 50 day simple moving average of $61.46 and a two-hundred day simple moving average of $61.61.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 15th were given a $0.5175 dividend. This is a boost from Unilever’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.07 dividend on an annualized basis and a yield of 3.5%. Unilever’s payout ratio is presently 59.31%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on UL. CICC Research started coverage on shares of Unilever in a research note on Thursday, August 21st. They set an “outperform” rating for the company. Zacks Research upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 17th. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Sunday, August 3rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a report on Saturday, September 27th. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $73.00.

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.