Unilever PLC (NYSE:UL) Shares Bought by Raymond James Trust N.A.

Raymond James Trust N.A. raised its stake in Unilever PLC (NYSE:ULGet Rating) by 19.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,834 shares of the company’s stock after acquiring an additional 10,690 shares during the quarter. Raymond James Trust N.A.’s holdings in Unilever were worth $2,971,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. BNP Paribas Arbitrage SA increased its stake in Unilever by 26.7% in the fourth quarter. BNP Paribas Arbitrage SA now owns 11,476 shares of the company’s stock valued at $617,000 after purchasing an additional 2,420 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Unilever by 28.9% in the fourth quarter. JPMorgan Chase & Co. now owns 504,048 shares of the company’s stock valued at $27,112,000 after purchasing an additional 113,132 shares during the last quarter. Allianz Asset Management GmbH increased its stake in Unilever by 1.7% in the fourth quarter. Allianz Asset Management GmbH now owns 18,137 shares of the company’s stock valued at $976,000 after purchasing an additional 297 shares during the last quarter. Invesco Ltd. increased its stake in Unilever by 9.3% in the fourth quarter. Invesco Ltd. now owns 388,609 shares of the company’s stock valued at $20,903,000 after purchasing an additional 33,188 shares during the last quarter. Finally, Mutual Advisors LLC increased its stake in Unilever by 3.6% in the fourth quarter. Mutual Advisors LLC now owns 9,303 shares of the company’s stock valued at $500,000 after purchasing an additional 324 shares during the last quarter. 9.68% of the stock is owned by institutional investors and hedge funds.

Unilever Stock Up 0.3 %

Shares of NYSE UL opened at $45.66 on Friday. Unilever PLC has a 1-year low of $42.54 and a 1-year high of $55.20. The business has a 50-day moving average of $46.77 and a 200-day moving average of $45.79.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Stockholders of record on Friday, August 5th were given a $0.4555 dividend. This is an increase from Unilever’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Thursday, August 4th. This represents a $1.82 annualized dividend and a dividend yield of 3.99%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on UL shares. Deutsche Bank Aktiengesellschaft upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Tuesday, July 26th. DZ Bank lowered Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday, July 27th. Sanford C. Bernstein upgraded Unilever from a “market perform” rating to an “outperform” rating in a research note on Friday, July 22nd. Finally, StockNews.com began coverage on Unilever in a research note on Friday, September 16th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Unilever Company Profile

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Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.

See Also

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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