Diversify Advisory Services LLC Sells 231 Shares of Unilever PLC (NYSE:UL)

Diversify Advisory Services LLC lowered its stake in shares of Unilever PLC (NYSE:UL) by 2.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,855 shares of the company’s stock after selling 231 shares during the quarter. Diversify Advisory Services LLC’s holdings in Unilever were worth $672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC bought a new stake in Unilever during the first quarter valued at about $684,000. Price T Rowe Associates Inc. MD boosted its position in Unilever by 23.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,141,878 shares of the company’s stock valued at $57,312,000 after purchasing an additional 214,635 shares in the last quarter. Jennison Associates LLC boosted its position in Unilever by 16.3% during the first quarter. Jennison Associates LLC now owns 192,856 shares of the company’s stock valued at $9,679,000 after purchasing an additional 27,065 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Unilever by 3.6% during the first quarter. Janney Montgomery Scott LLC now owns 466,277 shares of the company’s stock valued at $23,402,000 after purchasing an additional 16,280 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in Unilever by 249.5% during the second quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock valued at $98,204,000 after purchasing an additional 1,248,136 shares in the last quarter. Institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a report on Friday, October 4th. TD Cowen assumed coverage on Unilever in a report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price target for the company. Bank of America raised Unilever from an “underperform” rating to a “buy” rating and raised their price target for the stock from $47.00 to $72.00 in a report on Thursday, August 22nd. Finally, UBS Group raised Unilever to a “strong sell” rating in a report on Tuesday, July 30th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $61.75.

Unilever Stock Performance

Shares of NYSE:UL opened at $61.61 on Thursday. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The business has a 50-day moving average price of $63.84 and a 200-day moving average price of $58.51.

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 represents a $1.90 annualized dividend and a dividend yield of 3.09%. This is a boost from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, November 8th.

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.