Unilever PLC (NYSE:UL) Shares Bought by Hancock Whitney Corp

Hancock Whitney Corp lifted its holdings in shares of Unilever PLC (NYSE:UL) by 34.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,792 shares of the company’s stock after purchasing an additional 1,737 shares during the quarter. Hancock Whitney Corp’s holdings in Unilever were worth $441,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Mayflower Financial Advisors LLC grew its stake in Unilever by 4.1% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company’s stock worth $231,000 after purchasing an additional 167 shares in the last quarter. O Brien Greene & Co. Inc grew its position in shares of Unilever by 2.7% during the second quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock worth $366,000 after buying an additional 174 shares in the last quarter. Crewe Advisors LLC increased its stake in shares of Unilever by 17.3% during the second quarter. Crewe Advisors LLC now owns 1,186 shares of the company’s stock worth $65,000 after buying an additional 175 shares during the period. Bailard Inc. increased its stake in shares of Unilever by 1.2% during the second quarter. Bailard Inc. now owns 15,014 shares of the company’s stock worth $826,000 after buying an additional 179 shares during the period. Finally, Creative Financial Designs Inc. ADV raised its holdings in 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 acquiring an additional 181 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on UL shares. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Bank of America upgraded 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 note on Thursday, August 22nd. Finally, StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Unilever presently has a consensus rating of “Hold” and a consensus target price of $61.75.

Unilever Trading Up 1.1 %

Shares of NYSE:UL opened at $59.75 on Thursday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The company’s fifty day moving average price is $61.52 and its 200 day moving average price is $59.73.

Unilever Increases Dividend

The company 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. The ex-dividend date is Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.18%. This is a boost from Unilever’s previous quarterly dividend of $0.35.

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.