Atria Wealth Solutions Inc. Raises Position in Unilever PLC (NYSE:UL)

Atria Wealth Solutions Inc. lifted its holdings in shares of Unilever PLC (NYSE:UL) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 74,563 shares of the company’s stock after purchasing an additional 5,197 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Unilever were worth $4,228,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in shares of Unilever in the 4th quarter valued at about $26,000. Financial Life Planners purchased a new position in Unilever in the fourth quarter valued at approximately $28,000. Roxbury Financial LLC acquired a new position in Unilever during the fourth quarter valued at approximately $30,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Unilever during the third quarter worth approximately $35,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Unilever in the third quarter worth $40,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on UL shares. Erste Group Bank restated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Unilever currently has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Stock Down 0.2 %

Shares of NYSE UL opened at $55.52 on Friday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The stock’s 50-day simple moving average is $56.85 and its 200-day simple moving average is $60.13.

Unilever Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.4674 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.87 annualized dividend and a yield of 3.37%.

Unilever 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.