Unilever PLC (NYSE:UL) Shares Bought by Procyon Advisors LLC

Procyon Advisors LLC lifted its stake in Unilever PLC (NYSE:UL - Free Report) by 357.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 35,333 shares of the company's stock after purchasing an additional 27,609 shares during the quarter. Procyon Advisors LLC's holdings in Unilever were worth $2,003,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Creative Financial Designs Inc. ADV raised its position in Unilever by 7.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company's stock worth $181,000 after purchasing an additional 181 shares during the period. Timber Creek Capital Management LLC raised its holdings in shares of Unilever by 0.5% in the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company's stock worth $2,568,000 after buying an additional 182 shares during the period. Good Life Advisors LLC lifted its stake in shares of Unilever by 4.5% during the 3rd quarter. Good Life Advisors LLC now owns 4,536 shares of the company's stock worth $295,000 after acquiring an additional 196 shares during the last quarter. Fiduciary Financial Group LLC lifted its stake in shares of Unilever by 4.3% during the 3rd quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company's stock worth $307,000 after acquiring an additional 201 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC grew its position in Unilever by 4.0% in the 4th quarter. Franklin Street Advisors Inc. NC now owns 5,327 shares of the company's stock valued at $302,000 after acquiring an additional 204 shares during the last quarter. Institutional investors own 9.67% of the company's stock.

Unilever Stock Up 0.4 %

NYSE UL traded up $0.24 during midday trading on Friday, hitting $55.68. 3,801,419 shares of the company traded hands, compared to its average volume of 2,047,655. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The company's 50-day simple moving average is $57.62 and its 200-day simple moving average is $60.28.

Unilever Increases Dividend

The business also recently disclosed 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 of this dividend was Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a yield of 3.42%. This is an increase from Unilever's previous quarterly dividend of $0.35.

Analyst Ratings Changes

Several research analysts recently commented on UL shares. StockNews.com downgraded shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Sanford C. Bernstein upgraded Unilever from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. Erste Group Bank reissued a "hold" rating on shares of Unilever in a research note on Tuesday, November 19th. Finally, Royal Bank of Canada cut Unilever from a "sector perform" rating to an "underperform" rating in a report on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $61.75.

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.