Unilever PLC (NYSE:UL) Shares Bought by Foresight Capital Management Advisors Inc.

Foresight Capital Management Advisors Inc. lifted its stake in Unilever PLC (NYSE:UL) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,813 shares of the company’s stock after acquiring an additional 1,379 shares during the period. Unilever accounts for approximately 1.6% of Foresight Capital Management Advisors Inc.’s holdings, making the stock its 28th biggest position. Foresight Capital Management Advisors Inc.’s holdings in Unilever were worth $2,711,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in UL. Rhumbline Advisers lifted its stake in Unilever by 1.3% during the second quarter. Rhumbline Advisers now owns 56,706 shares of the company’s stock valued at $3,118,000 after purchasing an additional 704 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Unilever by 26.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company’s stock valued at $241,145,000 after acquiring an additional 911,443 shares in the last quarter. Moors & Cabot Inc. lifted its position in shares of Unilever by 1.6% in the 2nd quarter. Moors & Cabot Inc. now owns 43,667 shares of the company’s stock valued at $2,401,000 after acquiring an additional 702 shares in the last quarter. Axxcess Wealth Management LLC purchased a new stake in shares of Unilever in the 2nd quarter valued at approximately $454,000. Finally, Financial & Tax Architects LLC lifted its position in shares of Unilever by 27.8% in the 2nd quarter. Financial & Tax Architects LLC now owns 9,113 shares of the company’s stock valued at $501,000 after acquiring an additional 1,983 shares in the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Price Performance

Shares of Unilever stock 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 firm has a fifty day moving average price of $57.86 and a two-hundred day moving average price of $60.35.

Unilever Increases Dividend

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

Wall Street Analyst Weigh In

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

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.