Unilever PLC (NYSE:UL) Shares Sold by First County Bank CT

First County Bank CT trimmed its position in Unilever PLC (NYSE:UL) by 44.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,815 shares of the company’s stock after selling 3,800 shares during the period. First County Bank CT’s holdings in Unilever were worth $313,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in Unilever by 26.2% in the second quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company’s stock valued at $241,145,000 after acquiring an additional 911,443 shares in the last quarter. Saratoga Research & Investment Management boosted its stake in Unilever by 0.8% in the second quarter. Saratoga Research & Investment Management now owns 2,767,207 shares of the company’s stock valued at $152,169,000 after acquiring an additional 22,325 shares in the last quarter. Hamlin Capital Management LLC lifted its stake in shares of Unilever by 7.9% during the third quarter. Hamlin Capital Management LLC now owns 2,667,380 shares of the company’s stock worth $173,273,000 after buying an additional 194,165 shares during the period. Fiera Capital Corp lifted its stake in shares of Unilever by 1,866.0% during the second quarter. Fiera Capital Corp now owns 2,135,859 shares of the company’s stock worth $117,451,000 after buying an additional 2,027,221 shares during the period. Finally, Jennison Associates LLC lifted its stake in shares of Unilever by 981.6% during the third quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock worth $134,868,000 after buying an additional 1,884,216 shares during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Price Performance

Shares of Unilever stock opened at $58.61 on Friday. The firm has a fifty day moving average price of $61.86 and a 200 day moving average price of $59.55. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 8th will be issued a $0.4755 dividend. This is a boost from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a yield of 3.25%.

Analyst Ratings Changes

Several equities research analysts have recently commented on UL shares. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research note on Tuesday. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Bank of America upgraded shares of Unilever from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $47.00 to $72.00 in a research note on Thursday, August 22nd. Finally, UBS Group upgraded shares of Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently 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.