Salem Capital Management Inc. decreased its stake in Unilever PLC (NYSE:UL) by 2.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 152,816 shares of the company’s stock after selling 3,690 shares during the period. Unilever PLC accounts for approximately 4.0% of Salem Capital Management Inc.’s holdings, making the stock its 6th largest position. Salem Capital Management Inc.’s holdings in Unilever PLC were worth $7,243,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the company. Advisory Services Network LLC boosted its stake in shares of Unilever PLC by 17.2% in the second quarter. Advisory Services Network LLC now owns 2,446 shares of the company’s stock valued at $117,000 after buying an additional 359 shares during the period. Mycio Wealth Partners LLC boosted its stake in shares of Unilever PLC by 69.1% in the second quarter. Mycio Wealth Partners LLC now owns 2,537 shares of the company’s stock valued at $122,000 after buying an additional 1,037 shares during the period. Kelly Lawrence W & Associates Inc. CA boosted its stake in shares of Unilever PLC by 112.5% in the second quarter. Kelly Lawrence W & Associates Inc. CA now owns 2,550 shares of the company’s stock valued at $122,000 after buying an additional 1,350 shares during the period. Integrated Wealth Management boosted its stake in shares of Unilever PLC by 0.7% in the second quarter. Integrated Wealth Management now owns 2,601 shares of the company’s stock valued at $125,000 after buying an additional 17 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Unilever PLC by 166.4% in the second quarter. Tower Research Capital LLC TRC now owns 2,824 shares of the company’s stock valued at $135,000 after buying an additional 1,764 shares during the period. 8.34% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Unilever PLC (NYSE:UL)

Unilever PLC (NYSE:UL) traded up 1.01% during trading on Monday, reaching $39.17. The company’s stock had a trading volume of 5,317,363 shares. Unilever PLC has a 52 week low of $38.58 and a 52 week high of $48.97. The company has a market cap of $111.20 billion, a P/E ratio of 20.79 and a beta of 0.81. The company’s 50 day moving average price is $42.77 and its 200 day moving average price is $45.44.

The firm also recently announced a dividend, which will be paid on Wednesday, December 7th. Shareholders of record on Friday, October 28th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, October 26th.

Several brokerages have recently commented on UL. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Unilever PLC in a research report on Wednesday, July 27th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Unilever PLC in a research report on Thursday, August 25th. Zacks Investment Research raised Unilever PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, November 16th. RBC Capital Markets reaffirmed a “sector perform” rating on shares of Unilever PLC in a research report on Sunday, July 24th. Finally, Sanford C. Bernstein initiated coverage on Unilever PLC in a research report on Monday, August 22nd. They set an “outperform” rating for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $51.00.

Unilever PLC Company Profile

Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.

5 Day Chart for NYSE:UL

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