Raleigh Capital Management Inc. Buys 15,411 Shares of Unilever PLC $UL

Raleigh Capital Management Inc. raised its stake in shares of Unilever PLC (NYSE:UL) by 220,157.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,418 shares of the company’s stock after acquiring an additional 15,411 shares during the period. Raleigh Capital Management Inc.’s holdings in Unilever were worth $1,008,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Pullen Investment Management LLC lifted its stake in Unilever by 0.6% during the 3rd quarter. Pullen Investment Management LLC now owns 28,386 shares of the company’s stock valued at $1,683,000 after acquiring an additional 160 shares in the last quarter. CoreCap Advisors LLC lifted its stake in Unilever by 19.4% during the 4th quarter. CoreCap Advisors LLC now owns 997 shares of the company’s stock valued at $65,000 after acquiring an additional 162 shares in the last quarter. Global Retirement Partners LLC lifted its stake in Unilever by 1.9% during the 3rd quarter. Global Retirement Partners LLC now owns 9,873 shares of the company’s stock valued at $585,000 after acquiring an additional 181 shares in the last quarter. Synovus Financial Corp lifted its stake in Unilever by 0.5% during the 3rd quarter. Synovus Financial Corp now owns 40,080 shares of the company’s stock valued at $2,376,000 after acquiring an additional 182 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in Unilever by 12.0% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 1,777 shares of the company’s stock valued at $109,000 after acquiring an additional 191 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on UL shares. Weiss Ratings cut Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 31st. DZ Bank cut Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft cut Unilever from a “buy” rating to a “hold” rating in a research note on Monday, February 9th. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research note on Monday, February 23rd. Finally, Argus upgraded Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $65.55.

Unilever Trading Up 1.1%

NYSE UL opened at $56.07 on Tuesday. Unilever PLC has a one year low of $54.95 and a one year high of $74.97. The business’s fifty day moving average is $67.00 and its 200-day moving average is $66.83.

Unilever (NYSE:UL) last released its earnings results on Thursday, February 12th. The company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $1.75 by ($1.00). The firm had revenue of $11.87 billion during the quarter, compared to the consensus estimate of $31.39 billion. Equities analysts predict that Unilever PLC will post 3.27 EPS for the current year.

Unilever Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, February 27th will be paid a $0.5547 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, February 27th.

Unilever Profile

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.