Richard C. Young & CO. LTD. boosted its position in Unilever PLC (NYSE:UL) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 232,677 shares of the company’s stock after purchasing an additional 2,236 shares during the period. Unilever PLC accounts for about 2.5% of Richard C. Young & CO. LTD.’s portfolio, making the stock its 12th biggest holding. Richard C. Young & CO. LTD.’s holdings in Unilever PLC were worth $12,592,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UL. Fiduciary Management Inc. WI increased its holdings in Unilever PLC by 56.6% in the 1st quarter. Fiduciary Management Inc. WI now owns 10,615,523 shares of the company’s stock worth $523,770,000 after purchasing an additional 3,837,015 shares in the last quarter. Jane Street Group LLC increased its holdings in Unilever PLC by 459.2% in the 1st quarter. Jane Street Group LLC now owns 2,119,989 shares of the company’s stock worth $104,600,000 after purchasing an additional 1,740,864 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Unilever PLC by 94.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,467,891 shares of the company’s stock worth $124,783,000 after purchasing an additional 1,200,280 shares in the last quarter. Mawer Investment Management Ltd. increased its holdings in Unilever PLC by 31.4% in the 1st quarter. Mawer Investment Management Ltd. now owns 3,830,766 shares of the company’s stock worth $189,010,000 after purchasing an additional 914,789 shares in the last quarter. Finally, TIAA CREF Investment Management LLC acquired a new position in Unilever PLC in the 1st quarter worth about $18,447,000. 7.28% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have issued reports on UL shares. Zacks Investment Research raised Unilever PLC from a “hold” rating to a “buy” rating and set a $61.00 target price for the company in a report on Saturday, June 24th. UBS AG reissued a “neutral” rating on shares of Unilever PLC in a research note on Monday, July 17th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever PLC in a research note on Thursday, September 7th. Finally, Royal Bank Of Canada cut Unilever PLC from a “sector perform” rating to an “underperform” rating in a research note on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $46.00.

Shares of Unilever PLC (NYSE:UL) traded down 0.15% during midday trading on Thursday, hitting $58.50. The stock had a trading volume of 616,377 shares. Unilever PLC has a 1-year low of $38.58 and a 1-year high of $59.68. The stock has a market cap of $164.53 billion, a price-to-earnings ratio of 24.61 and a beta of 0.88. The firm’s 50-day moving average price is $57.63 and its 200-day moving average price is $53.68.

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 6th. Stockholders of record on Friday, August 4th were paid a $0.409 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date was Wednesday, August 2nd. This is a positive change from Unilever PLC’s previous quarterly dividend of $0.38.

ILLEGAL ACTIVITY NOTICE: “Richard C. Young & CO. LTD. Purchases 2,236 Shares of Unilever PLC (UL)” was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another publication, it was stolen and reposted in violation of international trademark and copyright legislation. The correct version of this news story can be read at https://www.dailypolitical.com/2017/09/14/richard-c-young-co-ltd-purchases-2236-shares-of-unilever-plc-ul.html.

Unilever PLC Company Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Institutional Ownership by Quarter 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.