Thompson Siegel & Walmsley LLC Acquires 400 Shares of Unilever PLC (NYSE:UL)

Thompson Siegel & Walmsley LLC boosted its holdings in Unilever PLC (NYSE:UL) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,215 shares of the company’s stock after purchasing an additional 400 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Unilever were worth $1,248,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. EP Wealth Advisors LLC grew its holdings in shares of Unilever by 28.5% in the first quarter. EP Wealth Advisors LLC now owns 13,259 shares of the company’s stock worth $665,000 after purchasing an additional 2,940 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Unilever by 2.8% in the first quarter. Advisors Asset Management Inc. now owns 53,233 shares of the company’s stock valued at $2,672,000 after acquiring an additional 1,434 shares during the period. Gabelli Funds LLC raised its stake in shares of Unilever by 0.7% during the first quarter. Gabelli Funds LLC now owns 164,895 shares of the company’s stock valued at $8,276,000 after acquiring an additional 1,150 shares during the last quarter. 1832 Asset Management L.P. boosted its holdings in shares of Unilever by 13.1% during the first quarter. 1832 Asset Management L.P. now owns 25,191 shares of the company’s stock worth $1,264,000 after purchasing an additional 2,919 shares during the period. Finally, LRI Investments LLC bought a new stake in shares of Unilever in the first quarter worth about $86,000. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Trading Up 1.7 %

Shares of Unilever stock opened at $58.61 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 $61.86 and a 200 day moving average of $59.55.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be issued a dividend of $0.4755 per share. This represents a $1.90 annualized dividend and a dividend yield of 3.25%. This is a positive change from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, November 8th.

Wall Street Analyst Weigh In

Several research firms have weighed in on UL. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a report on Tuesday. UBS Group raised Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Bank of America raised shares of Unilever from an “underperform” rating to a “buy” rating and lifted their target price for the company from $47.00 to $72.00 in a research note on Thursday, August 22nd. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Unilever has an average rating of “Hold” and an average target price 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.