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Unilever PLC (NYSE:UL) Shares Sold by Money Concepts Capital Corp

Defense World ·  Oct 1, 2022 10:31

Money Concepts Capital Corp lessened its position in Unilever PLC (NYSE:UL – Get Rating) by 70.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,236 shares of the company's stock after selling 7,648 shares during the period. Money Concepts Capital Corp's holdings in Unilever were worth $150,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Citizens National Bank Trust Department acquired a new position in Unilever during the 4th quarter valued at about $27,000. Cornerstone Advisory LLC acquired a new position in Unilever during the 4th quarter valued at about $27,000. Covestor Ltd increased its stake in Unilever by 204.6% during the 1st quarter. Covestor Ltd now owns 667 shares of the company's stock valued at $30,000 after buying an additional 448 shares during the period. Pinnacle Bancorp Inc. increased its stake in Unilever by 61.0% during the 1st quarter. Pinnacle Bancorp Inc. now owns 747 shares of the company's stock valued at $34,000 after buying an additional 283 shares during the period. Finally, Atticus Wealth Management LLC increased its stake in Unilever by 50.9% during the 2nd quarter. Atticus Wealth Management LLC now owns 753 shares of the company's stock valued at $35,000 after buying an additional 254 shares during the period. Institutional investors and hedge funds own 9.68% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms have commented on UL. Morgan Stanley began coverage on shares of Unilever in a research note on Thursday. They set an "equal weight" rating on the stock. StockNews.com began coverage on shares of Unilever in a research note on Friday, September 16th. They set a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft raised shares of Unilever from a "hold" rating to a "buy" rating in a research note on Tuesday, July 26th. DZ Bank cut shares of Unilever from a "buy" rating to a "hold" rating in a research note on Wednesday, July 27th. Finally, Sanford C. Bernstein raised shares of Unilever from a "market perform" rating to an "outperform" rating in a research note on Friday, July 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold".

Unilever Stock Down 1.9 %

Shares of UL opened at $43.84 on Friday. The firm's 50 day moving average is $46.45 and its 200-day moving average is $45.77. Unilever PLC has a 12-month low of $42.54 and a 12-month high of $54.47.

Unilever Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Shareholders of record on Friday, August 5th were issued a $0.4555 dividend. This represents a $1.82 annualized dividend and a dividend yield of 4.16%. This is a boost from Unilever's previous quarterly dividend of $0.45. The ex-dividend date was Thursday, August 4th.

Unilever Company Profile

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Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.

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