Unilever PLC $UL Shares Purchased by Game Plan Financial Advisors LLC

Key Points

• Game Plan Financial Advisors LLC increased its holdings in Unilever PLC by 42.0% during the second quarter, owning 44,223 shares worth approximately $2.7 million at period's end.
• Unilever has declared a quarterly dividend of $0.5175, a slight increase from its previous dividend, resulting in an annualized yield of 3.5%.
• Research analysts have varying ratings on Unilever's stock, with Zacks Research upgrading it to "strong-buy", while others maintain mixed views, contributing to an overall average rating of "Moderate Buy".

Game Plan Financial Advisors LLC raised its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 42.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,223 shares of the company's stock after buying an additional 13,071 shares during the period. Game Plan Financial Advisors LLC's holdings in Unilever were worth $2,705,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. N.E.W. Advisory Services LLC acquired a new position in shares of Unilever during the first quarter worth $30,000. Brentview Investment Management LLC acquired a new position in shares of Unilever during the first quarter worth $33,000. Richardson Financial Services Inc. lifted its position in shares of Unilever by 209.0% during the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company's stock worth $37,000 after purchasing an additional 418 shares in the last quarter. Marshall & Sullivan Inc. WA acquired a new position in shares of Unilever during the second quarter worth $55,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of Unilever during the first quarter worth $63,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Trading Up 0.0%

Shares of UL opened at $58.62 on Thursday. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.66. The firm has a market cap of $143.83 billion, a price-to-earnings ratio of 16.80, a PEG ratio of 4.25 and a beta of 0.40. The stock has a 50 day moving average of $61.42 and a 200-day moving average of $61.58.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 15th were issued a $0.5175 dividend. This is a positive change from Unilever's previous quarterly dividend of $0.52. The ex-dividend date was Friday, August 15th. This represents a $2.07 dividend on an annualized basis and a dividend yield of 3.5%. Unilever's dividend payout ratio (DPR) is presently 59.31%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Zacks Research raised shares of Unilever from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 17th. Weiss Ratings reissued a "buy (b)" rating on shares of Unilever in a research report on Wednesday. Jefferies Financial Group reaffirmed an "underperform" rating on shares of Unilever in a report on Sunday, August 3rd. Finally, CICC Research assumed coverage on shares of Unilever in a research note on Thursday, August 21st. They set an "outperform" rating on the stock. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Unilever currently has an average rating of "Moderate Buy" and an average price target of $73.00.

Unilever Company Profile

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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