15,781 Shares in Unilever PLC (NYSE:UL) Bought by Virtu Financial LLC

Virtu Financial LLC acquired a new stake in shares of Unilever PLC (NYSE:UL - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,781 shares of the company's stock, valued at approximately $1,025,000.

Several other large investors also recently added to or reduced their stakes in the stock. Abich Financial Wealth Management LLC increased its position in Unilever by 393.5% during 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 period. 1620 Investment Advisors Inc. purchased a new stake in Unilever during the second quarter worth $30,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Unilever in the 3rd quarter valued at $35,000. Jamison Private Wealth Management Inc. lifted 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 Unilever during the third quarter valued at about $40,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Price Performance

Shares of UL traded up $0.16 during trading hours on Friday, reaching $58.87. 1,291,256 shares of the company traded hands, compared to its average volume of 2,564,851. The business has a fifty day moving average price of $60.26 and a 200-day moving average price of $60.10. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were issued a $0.4755 dividend. The ex-dividend date was 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 dividend yield of 3.23%.

Analyst Ratings Changes

A number of analysts have recently weighed in on UL shares. Bank of America upgraded shares of Unilever from an "underperform" rating to a "buy" rating and raised their price target for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. StockNews.com downgraded Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, November 12th. Finally, Erste Group Bank reissued a "hold" rating on shares of Unilever in a research report on Tuesday, November 19th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target 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.