Unilever PLC $UL Shares Sold by Brucke Financial Inc.

Brucke Financial Inc. trimmed its position in Unilever PLC (NYSE:UL) by 3.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,473 shares of the company’s stock after selling 275 shares during the period. Brucke Financial Inc.’s holdings in Unilever were worth $518,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. N.E.W. Advisory Services LLC purchased a new position in shares of Unilever in the first quarter worth $30,000. Brentview Investment Management LLC purchased a new position in shares of Unilever in the first quarter worth $33,000. Richardson Financial Services Inc. raised its holdings in shares of Unilever by 209.0% in the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after buying an additional 418 shares during the last quarter. Marshall & Sullivan Inc. WA purchased a new position in shares of Unilever in the second quarter worth $55,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of Unilever in the first quarter worth $63,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Price Performance

Shares of Unilever stock opened at $60.47 on Friday. Unilever PLC has a 1 year low of $54.32 and a 1 year high of $65.66. The firm has a fifty day moving average price of $61.44 and a 200 day moving average price of $61.60. The stock has a market cap of $148.36 billion, a PE ratio of 17.33, a price-to-earnings-growth ratio of 4.42 and a beta of 0.40.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 15th were issued a $0.5175 dividend. The ex-dividend date of this dividend was Friday, August 15th. This is a positive change from Unilever’s previous quarterly dividend of $0.52. This represents a $2.07 dividend on an annualized basis and a yield of 3.4%. Unilever’s dividend payout ratio is presently 59.31%.

Analysts Set New Price Targets

A number of research firms have issued reports on UL. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Unilever in a report on Wednesday. Zacks Research raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 17th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a report on Sunday, August 3rd. Finally, CICC Research began coverage on shares of Unilever in a report on Thursday, August 21st. They set an “outperform” rating for the company. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus 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.