J.W. Cole Advisors Inc. Purchases 334 Shares of Unilever PLC (NYSE:UL)

J.W. Cole Advisors Inc. boosted its position in shares of Unilever PLC (NYSE:UL) by 3.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,324 shares of the company’s stock after purchasing an additional 334 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Unilever were worth $736,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Diversified Trust Co lifted its stake in Unilever by 23.3% in the first quarter. Diversified Trust Co now owns 5,754 shares of the company’s stock valued at $289,000 after buying an additional 1,086 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in Unilever by 27.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 969,267 shares of the company’s stock valued at $48,648,000 after purchasing an additional 207,182 shares during the period. Carret Asset Management LLC bought a new stake in Unilever in the first quarter valued at approximately $203,000. Retirement Guys Formula LLC raised its holdings in Unilever by 32.9% in the first quarter. Retirement Guys Formula LLC now owns 12,611 shares of the company’s stock worth $633,000 after purchasing an additional 3,123 shares during the period. Finally, Mezzasalma Advisors LLC bought a new position in shares of Unilever during the first quarter worth $298,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Performance

Unilever stock opened at $62.29 on Wednesday. The firm has a 50-day moving average of $63.84 and a 200-day moving average of $58.49. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 8th will be given a dividend of $0.4755 per share. This is a positive change from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 annualized dividend and a yield of 3.05%. The ex-dividend date is Friday, November 8th.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Bank of America raised Unilever from an “underperform” rating to a “buy” rating and boosted their target price for the company from $47.00 to $72.00 in a research note on Thursday, August 22nd. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a research note on Friday, October 4th. UBS Group upgraded shares of Unilever to a “strong sell” rating in a report on Tuesday, July 30th. Finally, TD Cowen began coverage on shares of Unilever in a research report on Tuesday, July 23rd. They set a “buy” rating and a $67.00 price objective for the company. Three analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Unilever presently has a consensus 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.