Venturi Wealth Management LLC boosted its position in shares of Unilever plc (NYSE:UL) by 4.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,547 shares of the company’s stock after acquiring an additional 1,924 shares during the period. Venturi Wealth Management LLC’s holdings in Unilever were worth $2,406,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Advisors Preferred LLC acquired a new position in Unilever during the 3rd quarter worth $122,000. YorkBridge Wealth Partners LLC lifted its position in Unilever by 22.1% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 3,383 shares of the company’s stock worth $182,000 after acquiring an additional 613 shares during the last quarter. Segment Wealth Management LLC bought a new position in shares of Unilever during the 3rd quarter worth about $201,000. Cable Hill Partners LLC increased its holdings in shares of Unilever by 6,866.0% during the 3rd quarter. Cable Hill Partners LLC now owns 3,483 shares of the company’s stock worth $202,000 after purchasing an additional 3,433 shares during the period. Finally, FinTrust Investment Advisory Services LLC bought a new position in shares of Unilever during the 3rd quarter worth about $203,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

Unilever plc (NYSE:UL) traded down $0.14 during trading hours on Wednesday, hitting $55.86. 1,588,100 shares of the stock traded hands, compared to its average volume of 1,670,603. Unilever plc has a one year low of $39.08 and a one year high of $60.13.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be issued a dividend of $0.4217 per share. This is an increase from Unilever’s previous quarterly dividend of $0.41. The ex-dividend date is Thursday, November 2nd. This represents a $1.69 annualized dividend and a dividend yield of 3.02%.

UL has been the topic of several research reports. Morgan Stanley restated a “neutral” rating on shares of Unilever in a report on Wednesday, October 11th. Zacks Investment Research downgraded shares of Unilever from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Argus initiated coverage on shares of Unilever in a report on Friday, November 17th. They set a “hold” rating on the stock. Finally, J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever in a report on Thursday, September 7th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Unilever presently has a consensus rating of “Hold” and a consensus target price of $46.50.

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About Unilever

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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