FTB Advisors Inc. Raises Position in Unilever PLC (UL)
FTB Advisors Inc. increased its stake in shares of Unilever PLC (NYSE:UL) by 0.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,130 shares of the company’s stock after buying an additional 2 shares during the period. FTB Advisors Inc.’s holdings in Unilever PLC were worth $197,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the stock. Advisory Services Network LLC increased its stake in shares of Unilever PLC by 17.2% in the second quarter. Advisory Services Network LLC now owns 2,446 shares of the company’s stock valued at $117,000 after buying an additional 359 shares in the last quarter. Catamount Wealth Management increased its stake in shares of Unilever PLC by 2,426.5% in the first quarter. Catamount Wealth Management now owns 3,436 shares of the company’s stock valued at $155,000 after buying an additional 3,300 shares in the last quarter. Edmp Inc. acquired a new stake in shares of Unilever PLC during the second quarter valued at $208,000. Cape ANN Savings Bank acquired a new stake in shares of Unilever PLC during the second quarter valued at $217,000. Finally, Bayesian Capital Management LP acquired a new stake in shares of Unilever PLC during the first quarter valued at $225,000. Institutional investors own 8.59% of the company’s stock.
Shares of Unilever PLC (NYSE:UL) traded down 0.95% on Monday, reaching $42.59. The company’s stock had a trading volume of 1,042,832 shares. The company has a market capitalization of $120.90 billion, a price-to-earnings ratio of 22.10 and a beta of 0.74. Unilever PLC has a 1-year low of $39.86 and a 1-year high of $48.97. The stock has a 50-day moving average price of $46.69 and a 200-day moving average price of $46.24.
The firm also recently disclosed a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Friday, October 28th will be issued a $0.35 dividend. The ex-dividend date is Wednesday, October 26th.
Several brokerages have weighed in on UL. Sanford C. Bernstein began coverage on Unilever PLC in a report on Monday, August 22nd. They issued an “outperform” rating for the company. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Unilever PLC in a report on Wednesday, July 27th. Deutsche Bank AG reissued a “buy” rating on shares of Unilever PLC in a report on Thursday, August 25th. RBC Capital Markets reaffirmed a “sector perform” rating on shares of Unilever PLC in a report on Sunday, July 24th. Finally, Royal Bank Of Canada downgraded Unilever PLC from an “outperform” rating to a “sector perform” rating in a report on Friday, July 22nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $51.00.
About Unilever PLC
Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.
Want to see what other hedge funds are holding UL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unilever PLC (NYSE:UL).
Receive News & Ratings for Unilever PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever PLC and related companies with MarketBeat.com's FREE daily email newsletter.