TD Private Client Wealth LLC Sells 13,314 Shares of Unilever PLC (NYSE:UL)

TD Private Client Wealth LLC trimmed its position in Unilever PLC (NYSE:UL - Free Report) by 44.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 16,733 shares of the company's stock after selling 13,314 shares during the period. TD Private Client Wealth LLC's holdings in Unilever were worth $1,087,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Abich Financial Wealth Management LLC boosted its holdings in shares of Unilever by 393.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company's stock worth $29,000 after buying an additional 425 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new position in Unilever in the second quarter valued at about $30,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Unilever during the 3rd quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. increased its stake in shares of Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company's stock worth $39,000 after purchasing an additional 405 shares during the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of Unilever in the 3rd quarter worth approximately $40,000. 9.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on UL shares. StockNews.com lowered Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, November 12th. Erste Group Bank reissued a "hold" rating on shares of Unilever in a report on Tuesday, November 19th. Finally, Bank of America upgraded 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 research note on Thursday, August 22nd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $61.75.

Unilever Stock Performance

Shares of NYSE:UL traded up $0.16 during midday trading on Friday, reaching $58.87. 1,291,256 shares of the company traded hands, compared to its average volume of 2,564,851. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The firm's fifty day moving average price is $60.26 and its two-hundred day moving average price is $60.10.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were issued a $0.4755 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.23%. This is an increase from Unilever's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, November 8th.

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.