Unilever PLC (NYSE:UL) Shares Bought by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC grew its stake in Unilever PLC (NYSE:UL) by 14.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 9,525 shares of the company’s stock after buying an additional 1,191 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Unilever were worth $524,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mayflower Financial Advisors LLC raised its stake in Unilever by 4.1% in the second quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company’s stock valued at $231,000 after buying an additional 167 shares in the last quarter. O Brien Greene & Co. Inc raised its position in shares of Unilever by 2.7% during the 2nd quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock worth $366,000 after acquiring an additional 174 shares in the last quarter. Crewe Advisors LLC lifted its stake in Unilever by 17.3% during the second quarter. Crewe Advisors LLC now owns 1,186 shares of the company’s stock worth $65,000 after purchasing an additional 175 shares during the last quarter. Bailard Inc. lifted its stake in Unilever by 1.2% during the second quarter. Bailard Inc. now owns 15,014 shares of the company’s stock worth $826,000 after purchasing an additional 179 shares during the last quarter. Finally, Gallacher Capital Management LLC boosted its holdings in Unilever by 2.5% in the second quarter. Gallacher Capital Management LLC now owns 7,575 shares of the company’s stock valued at $417,000 after purchasing an additional 182 shares in the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Trading Up 0.3 %

Shares of UL opened at $65.43 on Friday. Unilever PLC has a fifty-two week low of $46.16 and a fifty-two week high of $65.87. The firm has a 50-day simple moving average of $62.83 and a 200-day simple moving average of $56.26.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 9th were paid a $0.4773 dividend. This is an increase from Unilever’s previous quarterly dividend of $0.46. This represents a $1.91 annualized dividend and a dividend yield of 2.92%. The ex-dividend date was Friday, August 9th.

Analysts Set New Price Targets

A number of research firms have weighed in on UL. Redburn Atlantic raised shares of Unilever from a “neutral” rating to a “buy” rating in a report on Friday, June 7th. TD Cowen started coverage on shares of Unilever in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price target for the company. UBS Group upgraded shares of Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Bank of America upgraded Unilever from an “underperform” rating to a “buy” rating and lifted their target price for the stock from $47.00 to $72.00 in a research report on Thursday, August 22nd. Finally, StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $61.75.

Unilever 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.