Fisher Asset Management LLC Has $1.09 Billion Stake in Unilever PLC (NYSE:UL)

Fisher Asset Management LLC raised its stake in Unilever PLC (NYSE:UL - Free Report) by 7.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,726,400 shares of the company's stock after buying an additional 1,114,177 shares during the period. Fisher Asset Management LLC owned approximately 0.67% of Unilever worth $1,086,547,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. ST Germain D J Co. Inc. raised its stake in Unilever by 423.8% during the 2nd quarter. ST Germain D J Co. Inc. now owns 529 shares of the company's stock valued at $29,000 after purchasing an additional 428 shares during the period. Abich Financial Wealth Management LLC grew its holdings in shares of Unilever by 393.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company's stock valued at $29,000 after acquiring an additional 425 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Unilever during the 3rd quarter valued at $35,000. 1620 Investment Advisors Inc. purchased a new position in shares of Unilever during the 2nd quarter valued at $30,000. Finally, Jamison Private Wealth Management Inc. grew its holdings in shares of Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company's stock valued at $39,000 after acquiring an additional 405 shares in the last quarter. Institutional investors own 9.67% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on UL shares. UBS Group upgraded shares of Unilever to a "strong sell" rating in a report on Tuesday, July 30th. StockNews.com cut shares of Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, November 12th. Erste Group Bank reiterated a "hold" rating on shares of Unilever in a report on Tuesday, November 19th. Finally, Bank of America upgraded shares of Unilever from an "underperform" rating to a "buy" rating and upped their price objective for the stock from $47.00 to $72.00 in a report on Thursday, August 22nd. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Unilever presently has a consensus rating of "Hold" and a consensus target price of $61.75.

Unilever Stock Performance

NYSE:UL traded up $0.17 during mid-day trading on Monday, hitting $58.78. The company's stock had a trading volume of 2,773,109 shares, compared to its average volume of 2,593,468. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87. The stock has a fifty day moving average of $61.73 and a 200-day moving average of $59.69.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be given a $0.4755 dividend. This represents a $1.90 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Friday, November 8th. This is a positive change 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.