Wealth Enhancement Advisory Services LLC Purchases 15,941 Shares of Unilever PLC (NYSE:UL)

Wealth Enhancement Advisory Services LLC increased its position in Unilever PLC (NYSE:UL - Free Report) by 16.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 110,528 shares of the company's stock after acquiring an additional 15,941 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Unilever were worth $7,180,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mayflower Financial Advisors LLC raised its position in shares of Unilever by 4.1% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company's stock worth $231,000 after buying an additional 167 shares in the last quarter. O Brien Greene & Co. Inc raised its holdings in Unilever by 2.7% during the second quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company's stock worth $366,000 after purchasing an additional 174 shares in the last quarter. Crewe Advisors LLC lifted its position in Unilever by 17.3% in the second quarter. Crewe Advisors LLC now owns 1,186 shares of the company's stock worth $65,000 after purchasing an additional 175 shares during the period. Bailard Inc. boosted its stake in Unilever by 1.2% during the 2nd quarter. Bailard Inc. now owns 15,014 shares of the company's stock valued at $826,000 after purchasing an additional 179 shares in the last quarter. Finally, Gallacher Capital Management LLC increased its position in shares of Unilever by 2.5% during the 2nd quarter. Gallacher Capital Management LLC now owns 7,575 shares of the company's stock valued at $417,000 after purchasing an additional 182 shares during the period. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Stock Performance

UL traded down $0.69 during midday trading on Thursday, reaching $60.91. The company's stock had a trading volume of 2,895,946 shares, compared to its average volume of 2,611,912. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87. The company has a fifty day simple moving average of $63.84 and a 200 day simple moving average of $58.51.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 8th will be given a $0.4755 dividend. The ex-dividend date is Friday, November 8th. This is a positive change from Unilever's previous quarterly dividend of $0.35. This represents a $1.90 dividend on an annualized basis and a yield of 3.12%.

Analyst Upgrades and Downgrades

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

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.