Hantz Financial Services Inc. Reduces Position in Unilever PLC (NYSE:UL)

Hantz Financial Services Inc. reduced its position in Unilever PLC (NYSE:UL - Free Report) by 29.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,164 shares of the company's stock after selling 26,972 shares during the period. Hantz Financial Services Inc.'s holdings in Unilever were worth $4,103,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Fiduciary Trust Co lifted its stake in shares of Unilever by 2.8% in the 3rd quarter. Fiduciary Trust Co now owns 44,004 shares of the company's stock valued at $2,858,000 after purchasing an additional 1,185 shares during the last quarter. National Wealth Management Group LLC purchased a new position in Unilever during the third quarter worth $362,000. Blueshift Asset Management LLC bought a new position in Unilever during the third quarter valued at $452,000. Glenmede Trust Co. NA raised its stake in shares of Unilever by 5.0% in the third quarter. Glenmede Trust Co. NA now owns 45,748 shares of the company's stock valued at $2,972,000 after acquiring an additional 2,160 shares during the period. Finally, Cadence Bank lifted its holdings in shares of Unilever by 3.7% in the 3rd quarter. Cadence Bank now owns 14,093 shares of the company's stock worth $915,000 after acquiring an additional 501 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors.

Unilever Stock Up 0.2 %

Shares of NYSE UL traded up $0.10 during trading hours on Friday, hitting $59.84. 1,233,415 shares of the stock were exchanged, compared to its average volume of 2,583,597. The company has a market cap of $148.44 billion, a PE ratio of 17.97, a PEG ratio of 1.81 and a beta of 0.49. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The firm has a fifty day moving average price of $61.34 and a 200-day moving average price of $59.77.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be given a $0.4755 dividend. This is a boost from Unilever's previous quarterly dividend of $0.35. 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%. Unilever's dividend payout ratio (DPR) is presently 56.46%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Erste Group Bank reiterated a "hold" rating on shares of Unilever in a research report on Tuesday, November 19th. StockNews.com lowered shares of Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, November 12th. Finally, Bank of America upgraded shares of Unilever from an "underperform" rating to a "buy" rating and increased their price objective for the company from $47.00 to $72.00 in a research note on Thursday, August 22nd. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $61.75.

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.