Keystone Financial Services Purchases 826 Shares of Unilever PLC (NYSE:UL)

Keystone Financial Services lifted its position in shares of Unilever PLC (NYSE:UL) by 7.7% in the third quarter, HoldingsChannel reports. The fund owned 11,522 shares of the company’s stock after buying an additional 826 shares during the period. Keystone Financial Services’ holdings in Unilever were worth $748,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Mayflower Financial Advisors LLC raised its position in shares of Unilever by 4.1% during the second quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company’s stock worth $231,000 after acquiring an additional 167 shares during the last quarter. O Brien Greene & Co. Inc raised its position in shares of Unilever by 2.7% during the second quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock worth $366,000 after acquiring an additional 174 shares during the last quarter. Crewe Advisors LLC increased its holdings in Unilever by 17.3% in the second quarter. Crewe Advisors LLC now owns 1,186 shares of the company’s stock valued at $65,000 after purchasing an additional 175 shares during the last quarter. Bailard Inc. increased its holdings in Unilever by 1.2% in the second quarter. Bailard Inc. now owns 15,014 shares of the company’s stock valued at $826,000 after purchasing an additional 179 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in Unilever by 7.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock valued at $181,000 after purchasing an additional 181 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

NYSE:UL opened at $58.23 on Tuesday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The stock has a 50-day moving average price of $63.34 and a two-hundred day moving average price of $59.24.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 8th will be paid a $0.4755 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 3.27%. This is a boost from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, November 8th.

Analysts Set New Price Targets

A number of research firms recently commented on UL. TD Cowen began coverage on Unilever in a report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price objective for the company. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a report on Friday, October 4th. UBS Group upgraded Unilever to a “strong sell” rating in a report on Tuesday, July 30th. Finally, Bank of America upgraded Unilever from an “underperform” rating to a “buy” rating and upped their price objective for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. Three research analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Unilever presently has an average rating of “Hold” and an average price target of $61.75.

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.