Prospera Financial Services Inc Has $1.16 Million Holdings in Unilever PLC (NYSE:UL)

Prospera Financial Services Inc decreased its stake in shares of Unilever PLC (NYSE:UL) by 3.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 17,782 shares of the company’s stock after selling 552 shares during the period. Prospera Financial Services Inc’s holdings in Unilever were worth $1,156,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in UL. New England Asset Management Inc. grew its holdings in Unilever by 0.8% during the third quarter. New England Asset Management Inc. now owns 100,425 shares of the company’s stock valued at $6,524,000 after purchasing an additional 755 shares during the last quarter. Nixon Peabody Trust Co. acquired a new position in Unilever in the 3rd quarter valued at $228,000. Richard C. Young & CO. LTD. bought a new position in Unilever in the 3rd quarter worth $203,000. Thrivent Financial for Lutherans lifted its position in Unilever by 14.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 15,539 shares of the company’s stock worth $1,009,000 after acquiring an additional 2,001 shares during the last quarter. Finally, Claro Advisors LLC boosted its holdings in Unilever by 27.9% during the third quarter. Claro Advisors LLC now owns 9,180 shares of the company’s stock valued at $596,000 after acquiring an additional 2,005 shares during the period. 9.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on UL shares. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Erste Group Bank restated a “hold” rating on shares of Unilever in a research note on Tuesday. Bank of America raised shares of Unilever from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $47.00 to $72.00 in a research report on Thursday, August 22nd. Finally, UBS Group raised shares of Unilever to a “strong sell” rating in a report on Tuesday, July 30th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $61.75.

Unilever Trading Up 0.1 %

UL opened at $57.63 on Friday. The firm’s fifty day moving average price is $61.99 and its two-hundred day moving average price is $59.51. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be given a dividend of $0.4755 per share. This is a positive change from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 annualized dividend and a dividend yield of 3.30%. The ex-dividend date is Friday, November 8th.

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.