Unilever PLC (NYSE:UL) Shares Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC increased its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 6.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 393,287 shares of the company's stock after acquiring an additional 24,598 shares during the period. Segall Bryant & Hamill LLC's holdings in Unilever were worth $25,548,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC lifted its position in shares of Unilever by 17.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 73,307 shares of the company's stock valued at $3,679,000 after acquiring an additional 10,870 shares in the last quarter. Clearbridge Investments LLC lifted its position in Unilever by 29.1% during the first quarter. Clearbridge Investments LLC now owns 186,247 shares of the company's stock worth $9,348,000 after buying an additional 41,976 shares during the period. Lake Street Advisors Group LLC lifted its position in Unilever by 86.5% during the first quarter. Lake Street Advisors Group LLC now owns 12,816 shares of the company's stock worth $643,000 after buying an additional 5,945 shares during the period. National Bank of Canada FI lifted its position in Unilever by 10.5% during the first quarter. National Bank of Canada FI now owns 468,677 shares of the company's stock worth $25,065,000 after buying an additional 44,717 shares during the period. Finally, Pitcairn Co. purchased a new position in Unilever during the first quarter worth about $663,000. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Price Performance

Shares of UL stock traded down $0.47 during trading hours on Wednesday, reaching $57.39. The company had a trading volume of 1,873,768 shares, compared to its average volume of 2,586,292. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87. The stock's fifty day simple moving average is $62.29 and its 200 day simple moving average is $59.53.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be paid a $0.4755 dividend. The ex-dividend date of this dividend is Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.31%. This is a positive change from Unilever's previous quarterly dividend of $0.35.

Analysts Set New Price Targets

Several equities analysts recently weighed in on UL shares. Bank of America upgraded Unilever from an "underperform" rating to a "buy" rating and increased their target price for the stock from $47.00 to $72.00 in a research report on Thursday, August 22nd. Erste Group Bank restated a "hold" rating on shares of Unilever in a research note on Tuesday. StockNews.com lowered Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. TD Cowen assumed coverage on Unilever in a research note on Tuesday, July 23rd. They set a "buy" rating and a $67.00 price target for the company. Finally, UBS Group upgraded Unilever to a "strong sell" rating in a research note on Tuesday, July 30th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has an average 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.