Unilever PLC $UL Stock Holdings Lifted by Crux Wealth Advisors

Crux Wealth Advisors lifted its holdings in shares of Unilever PLC (NYSE:UL) by 49.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 19,514 shares of the company’s stock after purchasing an additional 6,490 shares during the quarter. Crux Wealth Advisors’ holdings in Unilever were worth $1,194,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. 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 acquired a new position in Unilever during the 1st quarter valued at approximately $33,000. Richardson Financial Services Inc. grew its stake in Unilever by 209.0% during the 1st 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. Financial Connections Group Inc. acquired a new stake in Unilever in the second quarter worth $39,000. Finally, Marshall & Sullivan Inc. WA acquired a new stake in Unilever in the second quarter worth $55,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Zacks Research downgraded shares of Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. CICC Research initiated coverage on shares of Unilever in a research note on Thursday, August 21st. They set an “outperform” rating for the company. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $73.00.

Unilever Stock Up 1.9%

UL stock opened at $63.18 on Friday. The company has a 50-day simple moving average of $61.51 and a 200 day simple moving average of $61.70. The company has a market capitalization of $155.03 billion, a P/E ratio of 18.10, a PEG ratio of 4.75 and a beta of 0.40. Unilever PLC has a fifty-two week low of $54.32 and a fifty-two week high of $65.66.

Unilever Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 15th were issued a $0.5175 dividend. This represents a $2.07 annualized dividend and a dividend yield of 3.3%. This is a boost from Unilever’s previous quarterly dividend of $0.52. The ex-dividend date was Friday, August 15th. Unilever’s payout ratio is 59.31%.

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.