Canandaigua National Corp Sells 651 Shares of Unilever PLC (NYSE:UL)

Canandaigua National Corp cut its stake in shares of Unilever PLC (NYSE:ULGet Rating) by 9.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,965 shares of the company’s stock after selling 651 shares during the quarter. Canandaigua National Corp’s holdings in Unilever were worth $273,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of UL. Procyon Advisors LLC bought a new stake in Unilever in the 2nd quarter worth about $456,000. Foresight Capital Management Advisors Inc. bought a new stake in Unilever in the 2nd quarter worth about $873,000. Harrison & Co Wealth Management LLC increased its holdings in Unilever by 12.2% in the 2nd quarter. Harrison & Co Wealth Management LLC now owns 18,339 shares of the company’s stock worth $840,000 after buying an additional 1,994 shares in the last quarter. Wedge Capital Management L L P NC increased its holdings in Unilever by 14.2% in the 2nd quarter. Wedge Capital Management L L P NC now owns 812,968 shares of the company’s stock worth $37,258,000 after buying an additional 101,325 shares in the last quarter. Finally, Range Financial Group LLC increased its holdings in Unilever by 6.6% in the 2nd quarter. Range Financial Group LLC now owns 12,111 shares of the company’s stock worth $555,000 after buying an additional 747 shares in the last quarter. 9.68% of the stock is currently owned by institutional investors.

Unilever Stock Down 0.3 %

UL stock opened at $45.22 on Wednesday. Unilever PLC has a twelve month low of $42.54 and a twelve month high of $55.21. The business’s 50-day moving average price is $46.81 and its 200-day moving average price is $45.78.

Unilever Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Stockholders of record on Friday, August 5th were given a dividend of $0.4555 per share. This is a boost from Unilever’s previous quarterly dividend of $0.45. This represents a $1.82 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend was Thursday, August 4th.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on UL shares. Sanford C. Bernstein upgraded Unilever from a “market perform” rating to an “outperform” rating in a report on Friday, July 22nd. StockNews.com started coverage on Unilever in a research report on Friday, September 16th. They issued a “buy” rating on the stock. DZ Bank cut Unilever from a “buy” rating to a “hold” rating in a research report on Wednesday, July 27th. Finally, Deutsche Bank Aktiengesellschaft raised Unilever from a “hold” rating to a “buy” rating in a research report on Tuesday, July 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Unilever Company Profile

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Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.

See Also

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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