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

TD Private Client Wealth LLC cut its stake in Unilever PLC (NYSE:UL) by 44.3% in the third quarter, Holdings Channel.com reports. The firm 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 filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Abich Financial Wealth Management LLC raised its stake in shares of Unilever by 393.5% in the second 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 in the last quarter. 1620 Investment Advisors Inc. bought a new stake in Unilever in the 2nd quarter valued at $30,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Unilever in the 3rd quarter valued at $35,000. Jamison Private Wealth Management Inc. lifted its holdings 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 acquiring an additional 405 shares during the period. Finally, Brooklyn Investment Group acquired a new stake in shares of Unilever during the 3rd quarter valued at about $40,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Up 0.3 %

NYSE UL opened at $58.87 on Friday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The company has a 50 day moving average of $60.26 and a 200-day moving average of $60.10.

Unilever Increases Dividend

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

Analyst Upgrades and Downgrades

Several research firms recently issued reports on UL. Bank of America raised shares of Unilever from an “underperform” rating to a “buy” rating and increased their price target for the stock from $47.00 to $72.00 in a research report on Thursday, August 22nd. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Finally, StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. According to MarketBeat, Unilever has a consensus rating of “Hold” and a consensus price target of $61.75.

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.