Matthew Goff Investment Advisor LLC boosted its holdings in Unilever PLC (NYSE:UL – Get Rating) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 162,129 shares of the company’s stock after purchasing an additional 1,149 shares during the quarter. Unilever makes up 2.1% of Matthew Goff Investment Advisor LLC’s portfolio, making the stock its 17th biggest holding. Matthew Goff Investment Advisor LLC’s holdings in Unilever were worth $8,163,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the business. Capstone Financial Advisors Inc. increased its stake in Unilever by 0.9% during the third quarter. Capstone Financial Advisors Inc. now owns 24,924 shares of the company’s stock worth $1,093,000 after acquiring an additional 229 shares during the last quarter. Beutel Goodman & Co Ltd. grew its stake in shares of Unilever by 3.8% in the third quarter. Beutel Goodman & Co Ltd. now owns 6,255 shares of the company’s stock valued at $274,000 after buying an additional 230 shares in the last quarter. McIlrath & Eck LLC grew its stake in shares of Unilever by 69.8% in the third quarter. McIlrath & Eck LLC now owns 608 shares of the company’s stock valued at $27,000 after buying an additional 250 shares in the last quarter. Welch & Forbes LLC grew its stake in shares of Unilever by 1.1% in the third quarter. Welch & Forbes LLC now owns 23,545 shares of the company’s stock valued at $1,032,000 after buying an additional 251 shares in the last quarter. Finally, Kanawha Capital Management LLC grew its stake in shares of Unilever by 0.3% in the third quarter. Kanawha Capital Management LLC now owns 72,841 shares of the company’s stock valued at $3,193,000 after buying an additional 254 shares in the last quarter. 10.06% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
UL has been the subject of a number of recent research reports. StockNews.com initiated coverage on Unilever in a research note on Thursday. They issued a “buy” rating for the company. Sanford C. Bernstein lowered Unilever from a “market perform” rating to an “underperform” rating in a research note on Tuesday, January 17th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $46.00.
Unilever Stock Performance
Unilever Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 21st. Stockholders of record on Friday, February 24th will be paid a dividend of $0.4569 per share. This is a boost from Unilever’s previous quarterly dividend of $0.42. This represents a $1.83 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Thursday, February 23rd.
Unilever Plc engages in the manufacture and sale of consumer goods. It operates through the following segments: Beauty and Personal Care, Foods and Refreshment, and Home Care. The Beauty and Personal Care segment offers skin cleansing, hair care, skin care, and deodorants categories. The Foods and Refreshment segment sells ice cream, savory, dressings, and tea.
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