Carret Asset Management LLC Acquires New Stake in Unilever PLC (NYSE:UL)

Carret Asset Management LLC bought a new position in shares of Unilever PLC (NYSE:ULFree Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,044 shares of the company’s stock, valued at approximately $203,000.

Other large investors have also recently made changes to their positions in the company. Life Planning Partners Inc bought a new position in shares of Unilever during the 4th quarter worth $27,000. Rise Advisors LLC bought a new position in Unilever during the 1st quarter worth about $28,000. VisionPoint Advisory Group LLC increased its position in Unilever by 215.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock valued at $29,000 after purchasing an additional 400 shares during the period. Financial Management Professionals Inc. raised its holdings in shares of Unilever by 75.8% in the 1st quarter. Financial Management Professionals Inc. now owns 610 shares of the company’s stock valued at $31,000 after purchasing an additional 263 shares in the last quarter. Finally, Voisard Asset Management Group Inc. purchased a new stake in shares of Unilever in the 4th quarter worth approximately $31,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Argus boosted their price objective on shares of Unilever from $58.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, May 8th. lowered Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, June 27th. Redburn Atlantic raised shares of Unilever from a “neutral” rating to a “buy” rating in a research report on Friday, June 7th. Finally, JPMorgan Chase & Co. raised shares of Unilever from an “underweight” rating to an “overweight” rating in a research report on Thursday, May 23rd. Three analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. According to data from, the stock has a consensus rating of “Hold” and an average price target of $54.00.

View Our Latest Research Report on Unilever

Unilever Trading Up 0.3 %

Unilever stock opened at $54.99 on Thursday. The stock has a 50-day moving average of $54.31 and a two-hundred day moving average of $50.79. Unilever PLC has a one year low of $46.16 and a one year high of $56.47.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Friday, May 17th were given a $0.4556 dividend. This represents a $1.82 annualized dividend and a dividend yield of 3.31%. The ex-dividend date of this dividend was Thursday, May 16th.

Unilever Company Profile

(Free Report)

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. 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 consist of the vitamins, minerals, and supplements.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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