Windle Wealth LLC Sells 220 Shares of Unilever PLC (NYSE:UL)

Windle Wealth LLC lessened its position in shares of Unilever PLC (NYSE:UL) by 0.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 128,090 shares of the company’s stock after selling 220 shares during the period. Unilever makes up approximately 4.5% of Windle Wealth LLC’s portfolio, making the stock its 6th largest position. Windle Wealth LLC’s holdings in Unilever were worth $8,321,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UL. Fiera Capital Corp grew its position in shares of Unilever by 1,866.0% in the second quarter. Fiera Capital Corp now owns 2,135,859 shares of the company’s stock valued at $117,451,000 after purchasing an additional 2,027,221 shares during the period. Bank of Montreal Can raised its stake in shares of Unilever by 249.5% in the 2nd quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock valued at $98,204,000 after acquiring an additional 1,248,136 shares during the period. Clearbridge Investments LLC raised its stake in shares of Unilever by 598.7% in the 2nd quarter. Clearbridge Investments LLC now owns 1,301,239 shares of the company’s stock valued at $71,555,000 after acquiring an additional 1,114,992 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Unilever by 26.2% in the 2nd 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 during the period. Finally, Lazard Asset Management LLC raised its stake in shares of Unilever by 19.3% in the 1st quarter. Lazard Asset Management LLC now owns 4,132,640 shares of the company’s stock valued at $207,416,000 after acquiring an additional 668,913 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Up 0.9 %

Unilever stock opened at $57.91 on Tuesday. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87. The firm’s 50-day moving average is $62.44 and its two-hundred day moving average is $59.49.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be issued a $0.4755 dividend. This is a positive change from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, November 8th. This represents a $1.90 annualized dividend and a yield of 3.28%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. TD Cowen assumed coverage on shares of Unilever in a research note on Tuesday, July 23rd. They set a “buy” rating and a $67.00 target price on the stock. Bank of America raised shares of Unilever from an “underperform” rating to a “buy” rating and upped their target price for the stock from $47.00 to $72.00 in a research note on Thursday, August 22nd. Finally, UBS Group raised shares of Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Three analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently 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.