Unilever plc (UL) Shares Sold by Sei Investments Co.

Sei Investments Co. cut its position in shares of Unilever plc (NYSE:UL) by 54.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 24,936 shares of the company’s stock after selling 29,536 shares during the quarter. Sei Investments Co.’s holdings in Unilever were worth $1,446,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. GW Henssler & Associates Ltd. increased its position in shares of Unilever by 4.6% during the 3rd quarter. GW Henssler & Associates Ltd. now owns 54,176 shares of the company’s stock valued at $3,140,000 after purchasing an additional 2,364 shares during the period. FDx Advisors Inc. increased its position in shares of Unilever by 33.9% during the 3rd quarter. FDx Advisors Inc. now owns 34,570 shares of the company’s stock valued at $2,004,000 after purchasing an additional 8,745 shares during the period. Bessemer Group Inc. increased its position in shares of Unilever by 14.9% during the 3rd quarter. Bessemer Group Inc. now owns 7,913 shares of the company’s stock valued at $458,000 after purchasing an additional 1,025 shares during the period. Advisor Partners LLC acquired a new position in shares of Unilever during the 3rd quarter valued at $225,000. Finally, Alethea Capital Management LLC acquired a new position in shares of Unilever during the 3rd quarter valued at $2,132,000. Institutional investors own 7.10% of the company’s stock.

A number of equities analysts recently issued reports on the company. Zacks Investment Research cut Unilever from a “buy” rating to a “sell” rating in a report on Saturday, October 14th. Royal Bank Of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a report on Friday, August 11th. Argus assumed coverage on Unilever in a report on Friday, November 17th. They issued a “hold” rating on the stock. J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever in a report on Thursday, September 7th. Finally, Morgan Stanley restated a “neutral” rating on shares of Unilever in a report on Wednesday, October 11th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $46.50.

Shares of Unilever plc (NYSE:UL) traded up $0.21 during midday trading on Thursday, hitting $56.07. The company had a trading volume of 3,364,500 shares, compared to its average volume of 1,677,811. Unilever plc has a twelve month low of $39.08 and a twelve month high of $60.13.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 3rd will be issued a $0.4217 dividend. This represents a $1.69 dividend on an annualized basis and a dividend yield of 3.01%. This is a boost from Unilever’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend is Thursday, November 2nd.

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Unilever Company Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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