Schechter Investment Advisors LLC has $1.28 million position in Unilever PLC (NYSE:UL)

Schechter Investment Advisors LLC lowered its stake in shares of Unilever PLC (NYSE:UL – Get Rating ) by 8.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,188 shares of the company’s stock after selling 2,784 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Unilever were worth $1,279,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. XML Financial LLC bought a new position in shares of Unilever in the third quarter valued at about $8,487,000. ICW Investment Advisors LLC boosted its holdings in shares of Unilever by 1.2% during the third quarter. ICW Investment Advisors LLC now owns 25,137 shares of the company’s stock valued at $1,102,000 after buying an additional 303 shares during the last quarter. Excalibur Management Corp boosted its holdings in shares of Unilever by 14.1% in the third quarter. Excalibur Management Corp now owns 12,568 shares of the company’s stock valued at $551,000 after purchasing an additional 1,550 shares during the last quarter. Mengis Capital Management Inc. purchased a new stake in Unilever in the third quarter valued at approximately $239,000. Finally, Berkeley Capital Partners LLC boosted its stake in Unilever by 32.2% in the third quarter. Berkeley Capital Partners LLC now owns 29,647 shares of the company’s stock valued at $1,300,000 after acquiring an additional 7,228 shares in the last quarter. Institutional investors own 10.06% of the company’s shares.

Changes in analyst ratings

UL has been the subject of several research reports. Morgan Stanley boosted their target price on Unilever from $42.75 to $46.00 in a research note on Tuesday, November 1st. Sanford C. Bernstein downgraded Unilever from a “market perform” rating to an “underperform” rating in a research note on Tuesday, January 17th. Finally, StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Thursday, December 22nd. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $46.00, according to MarketBeat.

Unilever Trading down 0.6%

Shares of Unilever stock opened at $50.62 on Wednesday. Unilever PLC has a 12-month low of $42.44 and a 12-month high of $56.44. The business’s 50-day moving average is $50.45 and its 200-day moving average is $47.52.

Unilever cuts dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 9th. Shareholders of record on Friday, November 18th were given a dividend of $0.4211 per share. This represents an annualized dividend of $1.68 and a dividend yield of 3.33%. The ex-dividend date of this dividend was Thursday, November 17th.

Unilever profile

(Get Rating)

Unilever Plc is engaged in the production and sale of consumer goods. It operates in the following segments: Beauty & Personal Care, Food & Refreshments and Home Care. The beauty and personal care segment offers skin cleansing, hair care, skin care and deodorant categories. The food and beverage segment sells ice cream, savory, dressings and tea.

Featured stories

Institutional Ownership by Quarter for Unilever (NYSE:UL)

This instant news alert is generated by narrative science technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Before you consider Unilever, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients daily. MarketBeat identified the five stocks top analysts are quietly whispering to their clients to buy now, before the broader market takes a nosedive … and Unilever wasn’t on the list.

While Unilever currently has a “Hold” rating among analysts, the top-rated analysts think these five stocks are better buys.

Check out the five stocks here

13 stocks Institutional investors won't stop buying coverage

Leave a Comment

Your email address will not be published. Required fields are marked *