Claro Advisors LLC Purchases 2,005 Shares of Unilever PLC (NYSE:UL)

Claro Advisors LLC lifted its position in shares of Unilever PLC (NYSE:UL) by 27.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,180 shares of the company’s stock after purchasing an additional 2,005 shares during the quarter. Claro Advisors LLC’s holdings in Unilever were worth $596,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UL. Mayflower Financial Advisors LLC grew its position in Unilever by 4.1% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company’s stock valued at $231,000 after purchasing an additional 167 shares during the last quarter. O Brien Greene & Co. Inc raised its holdings in Unilever by 2.7% in 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 during the last quarter. Crewe Advisors LLC increased its holdings in shares of Unilever by 17.3% in the 2nd quarter. Crewe Advisors LLC now owns 1,186 shares of the company’s stock worth $65,000 after purchasing an additional 175 shares in the last quarter. Bailard Inc. raised its stake in shares of Unilever by 1.2% in 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, Creative Financial Designs Inc. ADV lifted its holdings in shares of Unilever by 7.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock valued at $181,000 after purchasing an additional 181 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on UL. UBS Group raised Unilever to a “strong sell” rating in a research report on Tuesday, July 30th. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. TD Cowen assumed coverage on shares of Unilever in a report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price objective on the stock. Finally, Bank of America raised shares of Unilever from an “underperform” rating to a “buy” rating and upped their target price for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $61.75.

Unilever Stock Performance

NYSE UL opened at $57.40 on Monday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The company’s 50 day moving average is $62.59 and its two-hundred day moving average is $59.45.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be given a $0.4755 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.31%. This is an increase from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, November 8th.

About Unilever

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.