Ameriflex Group Inc. Has $65,000 Position in Unilever PLC $UL

Ameriflex Group Inc. cut its stake in shares of Unilever PLC (NYSE:UL) by 73.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,070 shares of the company’s stock after selling 3,029 shares during the quarter. Ameriflex Group Inc.’s holdings in Unilever were worth $65,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. N.E.W. Advisory Services LLC bought a new position in shares of Unilever in the first quarter valued at about $30,000. Brentview Investment Management LLC acquired a new position in shares of Unilever during the 1st quarter worth about $33,000. Richardson Financial Services Inc. grew its position in shares of Unilever by 209.0% during the 1st quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after buying an additional 418 shares during the period. Marshall & Sullivan Inc. WA acquired a new position in shares of Unilever in the 2nd quarter valued at approximately $55,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of Unilever in the 1st quarter valued at approximately $63,000. 9.67% of the stock is owned by institutional investors.

Unilever Price Performance

NYSE UL opened at $59.04 on Monday. The business has a 50 day simple moving average of $61.46 and a 200 day simple moving average of $61.62. Unilever PLC has a one year low of $54.32 and a one year high of $65.66. The stock has a market capitalization of $144.85 billion, a P/E ratio of 16.92, a P/E/G ratio of 3.55 and a beta of 0.40.

Unilever Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 15th were issued a $0.5175 dividend. This is an increase from Unilever’s previous quarterly dividend of $0.52. This represents a $2.07 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Friday, August 15th. Unilever’s dividend payout ratio is currently 59.31%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on UL shares. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research note on Sunday, August 3rd. CICC Research initiated coverage on Unilever in a research note on Thursday, August 21st. They issued an “outperform” rating on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Unilever in a report on Saturday, September 27th. Finally, Zacks Research raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 17th. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $73.00.

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.