River Wealth Advisors LLC cut its position in shares of Unilever PLC (NYSE:UL) by 2.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,419 shares of the company’s stock after selling 1,000 shares during the quarter. Unilever PLC comprises about 1.2% of River Wealth Advisors LLC’s holdings, making the stock its 29th largest position. River Wealth Advisors LLC’s holdings in Unilever PLC were worth $2,574,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Richard C. Young & CO. LTD. increased its position in shares of Unilever PLC by 1.0% during the second quarter. Richard C. Young & CO. LTD. now owns 232,677 shares of the company’s stock worth $12,592,000 after buying an additional 2,236 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of Unilever PLC by 9.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 82,998 shares of the company’s stock worth $4,492,000 after buying an additional 7,023 shares during the period. Renaissance Group LLC grew its holdings in Unilever PLC by 0.9% in the second quarter. Renaissance Group LLC now owns 315,486 shares of the company’s stock worth $17,074,000 after purchasing an additional 2,869 shares during the period. Matthew Goff Investment Advisor LLC grew its holdings in Unilever PLC by 10.6% in the second quarter. Matthew Goff Investment Advisor LLC now owns 57,122 shares of the company’s stock worth $3,091,000 after purchasing an additional 5,472 shares during the period. Finally, Cambridge Trust Co. grew its holdings in Unilever PLC by 14.7% in the second quarter. Cambridge Trust Co. now owns 66,294 shares of the company’s stock worth $3,588,000 after purchasing an additional 8,481 shares during the period. Institutional investors own 7.25% of the company’s stock.

Unilever PLC (NYSE:UL) traded down $0.16 during trading on Tuesday, hitting $55.71. 461,191 shares of the company’s stock were exchanged, compared to its average volume of 1,710,248. Unilever PLC has a 12-month low of $38.58 and a 12-month high of $60.13.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 3rd will be given a dividend of $0.4217 per share. This is a positive change from Unilever PLC’s previous quarterly dividend of $0.41. This represents a $1.69 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Thursday, November 2nd.

A number of research firms have commented on UL. Zacks Investment Research cut shares of Unilever PLC from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Royal Bank Of Canada cut shares of Unilever PLC from a “sector perform” rating to an “underperform” rating in a report on Friday, August 11th. UBS AG restated a “neutral” rating on shares of Unilever PLC in a report on Monday, July 17th. Morgan Stanley restated a “neutral” rating on shares of Unilever PLC in a report on Wednesday, October 11th. Finally, J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever PLC in a report on Thursday, September 7th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $46.50.

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About Unilever PLC

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 PLC (NYSE:UL)

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