Dickmeyer Boyce Financial Management Inc. Makes New $505,000 Investment in Unilever PLC $UL

Dickmeyer Boyce Financial Management Inc. acquired a new stake in Unilever PLC (NYSE:UL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,860 shares of the company’s stock, valued at approximately $505,000.

Other institutional investors have also recently made changes to their positions in the company. Elyxium Wealth LLC acquired a new stake in shares of Unilever in the fourth quarter valued at $25,000. Financial Life Planners acquired a new position in Unilever during the 1st quarter worth $25,000. Palisade Asset Management LLC purchased a new stake in Unilever during the 3rd quarter worth about $25,000. Bard Associates Inc. purchased a new stake in Unilever during the 4th quarter worth about $27,000. Finally, Whipplewood Advisors LLC acquired a new stake in Unilever in the 1st quarter valued at about $29,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Down 2.7%

Shares of UL opened at $60.19 on Friday. The stock has a 50 day moving average price of $59.14 and a 200 day moving average price of $62.31. Unilever PLC has a 52-week low of $54.75 and a 52-week high of $74.97.

Wall Street Analyst Weigh In

UL has been the subject of a number of analyst reports. Weiss Ratings downgraded Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Zacks Research lowered shares of Unilever from a “hold” rating to a “strong sell” rating in a report on Monday, June 29th. Finally, DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $65.55.

Unilever Company Profile

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.