Unilever PLC (NYSE:UL) Shares Acquired by Jacobs & Co. CA

Jacobs & Co. CA raised its stake in shares of Unilever PLC (NYSE:UL) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 106,478 shares of the company’s stock after buying an additional 1,072 shares during the quarter. Jacobs & Co. CA’s holdings in Unilever were worth $5,162,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Fortis Capital Advisors LLC purchased a new position in shares of Unilever during the 4th quarter worth $26,000. Jones Financial Companies Lllp raised its position in shares of Unilever by 111.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 552 shares of the company’s stock worth $27,000 after buying an additional 291 shares during the period. VisionPoint Advisory Group LLC raised its position in shares of Unilever by 215.1% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock worth $29,000 after buying an additional 400 shares during the period. Barrett & Company Inc. increased its holdings in Unilever by 51.5% in the 3rd quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock valued at $30,000 after purchasing an additional 206 shares in the last quarter. Finally, Covestor Ltd increased its holdings in Unilever by 204.6% in the 1st quarter. Covestor Ltd now owns 667 shares of the company’s stock valued at $30,000 after purchasing an additional 448 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Up 1.0 %

UL opened at $50.13 on Thursday. The business’s 50 day moving average is $49.32 and its 200-day moving average is $48.74. Unilever PLC has a twelve month low of $46.16 and a twelve month high of $55.99.

Unilever Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, February 23rd were issued a dividend of $0.4582 per share. The ex-dividend date was Thursday, February 22nd. This represents a $1.83 annualized dividend and a yield of 3.66%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Morgan Stanley downgraded Unilever from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $52.00 to $48.00 in a report on Tuesday, February 27th. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Wednesday, March 20th. Sanford C. Bernstein upgraded Unilever from an “underperform” rating to a “market perform” rating in a research note on Monday, December 11th. Finally, Jefferies Financial Group downgraded Unilever from a “buy” rating to an “underperform” rating in a research note on Monday, December 11th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Unilever has an average rating of “Hold” and an average target price of $48.00.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.