Somerville Kurt F boosted its position in Unilever PLC (NYSE:UL) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 177,798 shares of the company’s stock after acquiring an additional 2,930 shares during the period. Unilever PLC accounts for about 2.1% of Somerville Kurt F’s holdings, making the stock its 22nd biggest position. Somerville Kurt F’s holdings in Unilever PLC were worth $10,305,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in UL. Mercer Capital Advisers Inc. lifted its holdings in shares of Unilever PLC by 2.6% in the second quarter. Mercer Capital Advisers Inc. now owns 1,950 shares of the company’s stock valued at $106,000 after purchasing an additional 50 shares in the last quarter. Hanson & Doremus Investment Management lifted its holdings in shares of Unilever PLC by 7.2% in the second quarter. Hanson & Doremus Investment Management now owns 2,230 shares of the company’s stock valued at $121,000 after purchasing an additional 150 shares in the last quarter. YorkBridge Wealth Partners LLC lifted its holdings in shares of Unilever PLC by 22.1% in the second quarter. YorkBridge Wealth Partners LLC now owns 3,383 shares of the company’s stock valued at $182,000 after purchasing an additional 613 shares in the last quarter. NEXT Financial Group Inc lifted its holdings in shares of Unilever PLC by 7.6% in the second quarter. NEXT Financial Group Inc now owns 3,616 shares of the company’s stock valued at $196,000 after purchasing an additional 256 shares in the last quarter. Finally, Segment Wealth Management LLC bought a new position in shares of Unilever PLC in the third quarter valued at approximately $201,000. Institutional investors and hedge funds own 7.30% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This article was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The original version of this article can be viewed at https://theolympiareport.com/2017/10/31/somerville-kurt-f-purchases-2930-shares-of-unilever-plc-ul.html.

A number of research analysts have recently weighed in on UL shares. Zacks Investment Research upgraded Unilever PLC from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a report on Saturday, September 9th. UBS AG restated a “neutral” rating on shares of Unilever PLC in a report on Monday, July 17th. J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever PLC in a report on Thursday, September 7th. Finally, Morgan Stanley restated a “neutral” rating on shares of Unilever PLC in a report on Wednesday, October 11th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. Unilever PLC has an average rating of “Hold” and an average price target of $46.50.

Shares of Unilever PLC (UL) traded up 1.39% during mid-day trading on Tuesday, hitting $56.29. The company had a trading volume of 270,678 shares. Unilever PLC has a 52 week low of $38.58 and a 52 week high of $60.13. The firm has a 50-day moving average price of $57.60 and a 200-day moving average price of $55.71. The firm has a market capitalization of $158.32 billion, a PE ratio of 23.08 and a beta of 0.88.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 3rd will be given a $0.4217 dividend. The ex-dividend date is Thursday, November 2nd. This is a boost from Unilever PLC’s previous quarterly dividend of $0.41. This represents a $1.69 annualized dividend and a yield of 3.04%.

Unilever PLC Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Institutional Ownership by Quarter for Unilever PLC (NYSE:UL)

Receive News & Ratings for Unilever PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.