Nichols & Pratt Advisers LLP MA trimmed its position in Unilever PLC (NYSE:UL) by 1.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 251,871 shares of the company’s stock after selling 4,300 shares during the quarter. Nichols & Pratt Advisers LLP MA’s holdings in Unilever PLC were worth $14,597,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the company. Mercer Capital Advisers Inc. increased its stake in Unilever PLC by 2.6% during the second quarter. Mercer Capital Advisers Inc. now owns 1,950 shares of the company’s stock worth $106,000 after acquiring an additional 50 shares during the last quarter. Coastline Trust Co increased its stake in Unilever PLC by 1.2% during the second quarter. Coastline Trust Co now owns 4,375 shares of the company’s stock worth $236,000 after acquiring an additional 50 shares during the last quarter. Strategic Global Advisors LLC increased its stake in Unilever PLC by 0.6% during the second quarter. Strategic Global Advisors LLC now owns 10,395 shares of the company’s stock worth $563,000 after acquiring an additional 64 shares during the last quarter. First National Trust Co. increased its stake in Unilever PLC by 1.9% during the second quarter. First National Trust Co. now owns 4,585 shares of the company’s stock worth $248,000 after acquiring an additional 87 shares during the last quarter. Finally, Bruderman Asset Management LLC increased its stake in Unilever PLC by 0.6% during the second quarter. Bruderman Asset Management LLC now owns 17,723 shares of the company’s stock worth $959,000 after acquiring an additional 113 shares during the last quarter. 7.23% of the stock is currently owned by hedge funds and other institutional investors.

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Unilever PLC (NYSE UL) traded up $0.63 on Monday, hitting $55.64. The stock had a trading volume of 1,122,176 shares, compared to its average volume of 1,693,968. Unilever PLC has a 1 year low of $38.58 and a 1 year high of $60.13.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.4217 per share. This is a boost from Unilever PLC’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend is Thursday, November 2nd. This represents a $1.69 dividend on an annualized basis and a dividend yield of 3.03%. Unilever PLC’s dividend payout ratio is currently 68.62%.

Several equities research analysts have weighed in on the company. Zacks Investment Research raised Unilever PLC from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research note on Saturday, September 23rd. Morgan Stanley reissued a “neutral” rating on shares of Unilever PLC in a research note on Wednesday, October 11th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever PLC in a research note on Thursday, September 7th. Argus assumed coverage on Unilever PLC in a research note on Friday. They set a “hold” rating on the stock. Finally, Royal Bank Of Canada cut Unilever PLC from a “sector perform” rating to an “underperform” rating in a research note on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. Unilever PLC currently has an average rating of “Hold” and a consensus price target of $46.50.

Unilever PLC 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 PLC (NYSE:UL)

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