Unilever PLC (NYSE:UL) Shares Bought by Zions Bancorporation N.A.

Zions Bancorporation N.A. boosted its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 60.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,042 shares of the company's stock after acquiring an additional 12,763 shares during the period. Zions Bancorporation N.A.'s holdings in Unilever were worth $2,211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UL. Mayflower Financial Advisors LLC raised its position in shares of Unilever by 4.1% in the 2nd quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company's stock valued at $231,000 after purchasing an additional 167 shares during the last quarter. O Brien Greene & Co. Inc raised its position in Unilever by 2.7% during the 2nd quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company's stock worth $366,000 after buying an additional 174 shares during the last quarter. Crewe Advisors LLC raised its position in Unilever by 17.3% during the 2nd quarter. Crewe Advisors LLC now owns 1,186 shares of the company's stock worth $65,000 after buying an additional 175 shares during the last quarter. Bailard Inc. raised its position in Unilever by 1.2% during the 2nd quarter. Bailard Inc. now owns 15,014 shares of the company's stock worth $826,000 after buying an additional 179 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV raised its position in Unilever by 7.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company's stock worth $181,000 after buying an additional 181 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors.

Unilever Price Performance

Shares of UL stock remained flat at $57.40 during mid-day trading on Friday. The stock had a trading volume of 2,057,717 shares, compared to its average volume of 2,587,792. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87. The firm's 50-day moving average is $62.75 and its 200-day moving average is $59.31.

Unilever Increases Dividend

The company also recently disclosed 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. This is a positive change from Unilever's previous quarterly dividend of $0.35. This represents a $1.90 annualized dividend and a dividend yield of 3.31%. The ex-dividend date of this dividend is Friday, November 8th.

Analyst Ratings Changes

UL has been the topic of a number of analyst reports. TD Cowen initiated coverage on shares of Unilever in a research note on Tuesday, July 23rd. They set a "buy" rating and a $67.00 price objective on the stock. UBS Group raised shares of Unilever to a "strong sell" rating in a research note on Tuesday, July 30th. Bank of America raised shares of Unilever from an "underperform" rating to a "buy" rating and lifted their price target for the company from $47.00 to $72.00 in a research note on Thursday, August 22nd. Finally, StockNews.com cut shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $61.75.

About Unilever

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.