Unilever PLC (NYSE:UL) Shares Bought by Wealth Enhancement Advisory Services LLC

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

A number of other large investors have also recently bought and sold shares of the company. ST Germain D J Co. Inc. increased its holdings in Unilever by 423.8% in the second quarter. ST Germain D J Co. Inc. now owns 529 shares of the company's stock valued at $29,000 after buying an additional 428 shares in the last quarter. Abich Financial Wealth Management LLC boosted its holdings in Unilever by 393.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company's stock valued at $29,000 after purchasing an additional 425 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new stake in shares of Unilever during the 2nd quarter worth approximately $30,000. Quent Capital LLC acquired a new position in shares of Unilever in the 1st quarter valued at $28,000. Finally, Jamison Private Wealth Management Inc. lifted its position in Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company's stock valued at $39,000 after buying an additional 405 shares during the last quarter. Hedge funds and other institutional investors own 9.67% of the company's stock.

Unilever Stock Performance

Shares of UL traded down $0.63 during trading hours on Thursday, reaching $60.97. The company had a trading volume of 593,540 shares, compared to its average volume of 2,599,028. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87. The firm has a 50 day simple moving average of $63.84 and a 200-day simple moving average of $58.51.

Unilever Increases Dividend

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

Wall Street Analyst Weigh In

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

Unilever Company 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.