Capital Bank & Trust Co trimmed its holdings in shares of Unilever plc (NYSE:UL) by 12.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 369,206 shares of the company’s stock after selling 51,809 shares during the period. Capital Bank & Trust Co’s holdings in Unilever were worth $21,399,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of UL. Geode Capital Management LLC raised its position in Unilever by 3.2% during the first quarter. Geode Capital Management LLC now owns 23,196 shares of the company’s stock valued at $1,144,000 after buying an additional 724 shares during the period. Sei Investments Co. grew its stake in Unilever by 7.2% in the second quarter. Sei Investments Co. now owns 54,472 shares of the company’s stock valued at $2,948,000 after purchasing an additional 3,642 shares in the last quarter. IFP Advisors Inc grew its stake in Unilever by 15.2% in the second quarter. IFP Advisors Inc now owns 9,423 shares of the company’s stock valued at $510,000 after purchasing an additional 1,246 shares in the last quarter. TD Asset Management Inc. grew its stake in Unilever by 3.9% in the second quarter. TD Asset Management Inc. now owns 199,317 shares of the company’s stock valued at $10,787,000 after purchasing an additional 7,563 shares in the last quarter. Finally, National Planning Corp grew its stake in Unilever by 5.1% in the second quarter. National Planning Corp now owns 7,015 shares of the company’s stock valued at $378,000 after purchasing an additional 341 shares in the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.
A number of research analysts have commented on UL shares. Zacks Investment Research upgraded Unilever from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a research note on Saturday, September 9th. J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever in a research note on Thursday, September 7th. Argus started coverage on Unilever in a research note on Friday, November 17th. They issued a “hold” rating on the stock. Finally, Morgan Stanley restated a “neutral” rating on shares of Unilever in a research note on Wednesday, October 11th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. Unilever has a consensus rating of “Hold” and an average target price of $46.50.
Unilever plc (NYSE UL) traded up $0.35 on Monday, hitting $56.31. The stock had a trading volume of 956,100 shares, compared to its average volume of 1,676,370. Unilever plc has a 52 week low of $39.48 and a 52 week high of $60.13.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.4217 per share. This represents a $1.69 annualized dividend and a dividend yield of 3.00%. The ex-dividend date is Thursday, November 2nd. This is an increase from Unilever’s previous quarterly dividend of $0.41.
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Unilever Company 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.
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