Foresight Capital Management Advisors Inc. Buys 1,379 Shares of Unilever PLC (NYSE:UL)

Foresight Capital Management Advisors Inc. lifted its holdings in Unilever PLC (NYSE:UL) by 3.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 47,813 shares of the company’s stock after purchasing an additional 1,379 shares during the period. Unilever accounts for 1.6% of Foresight Capital Management Advisors Inc.’s portfolio, making the stock its 28th biggest position. Foresight Capital Management Advisors Inc.’s holdings in Unilever were worth $2,711,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. O Brien Greene & Co. Inc increased its holdings in shares of Unilever by 2.7% in the second quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock valued at $366,000 after purchasing an additional 174 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of Unilever by 7.0% in 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 during the last quarter. Timber Creek Capital Management LLC increased its holdings in shares of Unilever by 0.5% in the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock valued at $2,568,000 after purchasing an additional 182 shares during the last quarter. Good Life Advisors LLC increased its holdings in shares of Unilever by 4.5% in the third quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock valued at $295,000 after purchasing an additional 196 shares during the last quarter. Finally, Fiduciary Financial Group LLC increased its holdings in shares of Unilever by 4.3% in the third quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock valued at $307,000 after purchasing an additional 201 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on UL. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Finally, Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $61.75.

Unilever Price Performance

NYSE:UL opened at $54.70 on Thursday. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87. The company has a 50 day simple moving average of $57.86 and a two-hundred day simple moving average of $60.35.

Unilever Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 8th were issued a $0.4755 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 3.48%. This is a boost from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date was Friday, November 8th.

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.