Kathmere Capital Management LLC Purchases New Shares in Unilever PLC (NYSE:UL)

Kathmere Capital Management LLC acquired a new position in Unilever PLC (NYSE:UL) during the fourth quarter, HoldingsChannel reports. The fund acquired 3,995 shares of the company’s stock, valued at approximately $227,000.

Other large investors also recently made changes to their positions in the company. Jennison Associates LLC lifted its position in Unilever by 981.6% during the 3rd quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock worth $134,868,000 after buying an additional 1,884,216 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Unilever by 249.5% in the second quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock worth $98,204,000 after acquiring an additional 1,248,136 shares during the last quarter. Clearbridge Investments LLC raised its stake in shares of Unilever by 598.7% in the second quarter. Clearbridge Investments LLC now owns 1,301,239 shares of the company’s stock worth $71,555,000 after acquiring an additional 1,114,992 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of Unilever by 7.1% during the third quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock worth $1,086,547,000 after purchasing an additional 1,114,177 shares in the last quarter. Finally, Citigroup Inc. grew its stake in shares of Unilever by 493.4% during the third quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock valued at $71,785,000 after purchasing an additional 918,841 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on UL. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, Erste Group Bank reissued a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Unilever has an average rating of “Hold” and an average price target of $61.75.

Unilever Trading Up 1.4 %

NYSE UL opened at $55.50 on Friday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The stock has a 50-day simple moving average of $57.77 and a 200 day simple moving average of $60.31.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were given a $0.4755 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.43%. This is an increase from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date was Friday, November 8th.

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.