Trajan Wealth LLC Raises Position in Unilever PLC (NYSE:UL)

Trajan Wealth LLC increased its holdings in Unilever PLC (NYSE:UL - Free Report) by 15.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,561 shares of the company's stock after buying an additional 8,137 shares during the period. Trajan Wealth LLC's holdings in Unilever were worth $3,934,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in UL. Fiera Capital Corp increased its position in shares of Unilever by 1,866.0% during the second quarter. Fiera Capital Corp now owns 2,135,859 shares of the company's stock worth $117,451,000 after purchasing an additional 2,027,221 shares in the last quarter. Equity Investment Corp increased its position in shares of Unilever by 107.1% during the first quarter. Equity Investment Corp now owns 2,910,751 shares of the company's stock worth $146,091,000 after purchasing an additional 1,505,233 shares in the last quarter. Bank of Montreal Can increased its position in shares of Unilever by 249.5% during the second quarter. Bank of Montreal Can now owns 1,748,329 shares of the company's stock worth $98,204,000 after purchasing an additional 1,248,136 shares in the last quarter. Clearbridge Investments LLC grew its holdings in shares of Unilever by 598.7% during the second quarter. Clearbridge Investments LLC now owns 1,301,239 shares of the company's stock valued at $71,555,000 after buying an additional 1,114,992 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Unilever by 26.2% during the second quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company's stock valued at $241,145,000 after buying an additional 911,443 shares during the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Price Performance

NYSE:UL traded down $0.68 during mid-day trading on Wednesday, hitting $61.61. The company's stock had a trading volume of 1,542,474 shares, compared to its average volume of 2,610,553. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The business's fifty day moving average is $63.84 and its two-hundred day moving average is $58.51.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 8th will be issued a $0.4755 dividend. This represents a $1.90 annualized dividend and a yield of 3.09%. This is a positive change from Unilever's previous quarterly dividend of $0.35. The ex-dividend date is Friday, November 8th.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on UL shares. UBS Group raised shares of Unilever to a "strong sell" rating in a report on Tuesday, July 30th. TD Cowen started coverage on shares of Unilever in a report on Tuesday, July 23rd. They set a "buy" rating and a $67.00 price objective on the stock. Bank of America raised shares of Unilever from an "underperform" rating to a "buy" rating and boosted their price objective for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. Finally, StockNews.com raised shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday, October 4th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Unilever has an average rating of "Hold" and an average target price of $61.75.

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.