Rothschild Investment LLC Makes New $107,000 Investment in Unilever PLC (NYSE:UL)

Rothschild Investment LLC bought a new position in Unilever PLC (NYSE:UL) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 1,950 shares of the company’s stock, valued at approximately $107,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Americana Partners LLC boosted its holdings in shares of Unilever by 2.7% in the 2nd quarter. Americana Partners LLC now owns 34,258 shares of the company’s stock worth $1,884,000 after purchasing an additional 912 shares during the period. Pine Valley Investments Ltd Liability Co purchased a new position in shares of Unilever in the 2nd quarter worth approximately $204,000. Mezzasalma Advisors LLC boosted its holdings in shares of Unilever by 62.7% in the 2nd quarter. Mezzasalma Advisors LLC now owns 9,670 shares of the company’s stock worth $532,000 after purchasing an additional 3,725 shares during the period. Sage Rhino Capital LLC boosted its holdings in shares of Unilever by 2.6% in the 2nd quarter. Sage Rhino Capital LLC now owns 8,938 shares of the company’s stock worth $492,000 after purchasing an additional 227 shares during the period. Finally, Hantz Financial Services Inc. purchased a new position in shares of Unilever in the 2nd quarter worth approximately $4,957,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. TD Cowen assumed coverage on Unilever in a report on Tuesday, July 23rd. They set a “buy” rating and a $67.00 price objective for the company. Argus boosted their price objective on Unilever from $58.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 8th. Bank of America upgraded Unilever from an “underperform” rating to a “buy” rating and boosted their price objective for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. JPMorgan Chase & Co. upgraded Unilever from an “underweight” rating to an “overweight” rating in a report on Thursday, May 23rd. Finally, StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a report on Saturday, August 3rd. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Unilever currently has a consensus rating of “Hold” and an average price target of $61.75.

Unilever Trading Up 0.1 %

Shares of UL stock opened at $64.86 on Wednesday. Unilever PLC has a twelve month low of $46.16 and a twelve month high of $65.17. The stock has a fifty day simple moving average of $59.65 and a two-hundred day simple moving average of $54.42.

Unilever Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Shareholders of record on Friday, August 9th will be issued a $0.4773 dividend. This represents a $1.91 annualized dividend and a dividend yield of 2.94%. This is a boost from Unilever’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, August 9th.

About Unilever

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.