Wimmer Associates 1 LLC Sells 1,000 Shares of Unilever plc (UL)

Wimmer Associates 1 LLC cut its holdings in shares of Unilever plc (NYSE:UL) by 18.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,349 shares of the company’s stock after selling 1,000 shares during the period. Wimmer Associates 1 LLC’s holdings in Unilever were worth $252,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Richard C. Young & CO. LTD. increased its position in shares of Unilever by 1.0% during the second quarter. Richard C. Young & CO. LTD. now owns 232,677 shares of the company’s stock worth $12,592,000 after acquiring an additional 2,236 shares in the last quarter. Renaissance Group LLC increased its position in shares of Unilever by 0.9% during the second quarter. Renaissance Group LLC now owns 315,486 shares of the company’s stock worth $17,074,000 after acquiring an additional 2,869 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Unilever by 9.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 82,998 shares of the company’s stock worth $4,492,000 after acquiring an additional 7,023 shares in the last quarter. Matthew Goff Investment Advisor LLC increased its position in shares of Unilever by 10.6% during the second quarter. Matthew Goff Investment Advisor LLC now owns 57,122 shares of the company’s stock worth $3,091,000 after acquiring an additional 5,472 shares in the last quarter. Finally, Allen Investment Management LLC increased its position in shares of Unilever by 14.5% during the second quarter. Allen Investment Management LLC now owns 63,447 shares of the company’s stock worth $3,434,000 after acquiring an additional 8,050 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

Unilever plc (NYSE:UL) traded up $0.21 during trading on Thursday, reaching $56.07. 3,364,500 shares of the company traded hands, compared to its average volume of 1,677,811. Unilever plc has a 1-year low of $39.08 and a 1-year high of $60.13.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 3rd will be paid a $0.4217 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 3.01%. This is a boost from Unilever’s previous quarterly dividend of $0.41. The ex-dividend date is Thursday, November 2nd.

Several research firms recently weighed in on UL. Zacks Investment Research upgraded shares of Unilever from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a report on Saturday, September 23rd. Morgan Stanley restated a “neutral” rating on shares of Unilever in a report on Wednesday, October 11th. J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever in a report on Thursday, September 7th. Argus began coverage on shares of Unilever in a report on Friday, November 17th. They set a “hold” rating on the stock. Finally, Royal Bank Of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $46.50.

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Unilever Company Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Institutional Ownership by Quarter for Unilever (NYSE:UL)

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