Atria Wealth Solutions Inc. Purchases 5,197 Shares of Unilever PLC (NYSE:UL)

Atria Wealth Solutions Inc. increased its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 7.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,563 shares of the company's stock after purchasing an additional 5,197 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in Unilever were worth $4,228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new stake in Unilever in the fourth quarter worth about $26,000. Financial Life Planners bought a new stake in shares of Unilever in the 4th quarter valued at approximately $28,000. Roxbury Financial LLC bought a new stake in shares of Unilever during the 4th quarter worth approximately $30,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Unilever during the 3rd quarter worth approximately $35,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of Unilever during the 4th quarter worth approximately $36,000. Institutional investors own 9.67% of the company's stock.

Analyst Upgrades and Downgrades

UL has been the topic of a number of analyst reports. Erste Group Bank reiterated a "hold" rating on shares of Unilever in a report on Tuesday, November 19th. Royal Bank of Canada cut Unilever from a "sector perform" rating to an "underperform" rating in a report on Monday, January 6th. DZ Bank upgraded Unilever from a "hold" rating to a "buy" rating in a research note on Friday. StockNews.com upgraded Unilever from a "hold" rating to a "buy" rating in a research report on Tuesday. Finally, Sanford C. Bernstein upgraded Unilever from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Unilever presently has a consensus rating of "Moderate Buy" and a consensus target price of $61.75.

Unilever Stock Up 1.1 %

NYSE UL traded up $0.60 during trading hours on Friday, hitting $56.14. The company had a trading volume of 2,742,748 shares, compared to its average volume of 2,727,069. The firm's 50 day moving average is $56.85 and its 200 day moving average is $60.13. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87.

Unilever Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be issued a $0.4674 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 3.33%.

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.