Cambridge Investment Research Advisors Inc. Has $5.17 Million Holdings in Unilever PLC (UL)

Cambridge Investment Research Advisors Inc. boosted its position in shares of Unilever PLC (NYSE:UL) by 7.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,130 shares of the company’s stock after purchasing an additional 6,132 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Unilever PLC were worth $5,166,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Comerica Bank raised its stake in Unilever PLC by 1.6% during the third quarter. Comerica Bank now owns 82,666 shares of the company’s stock worth $4,589,000 after purchasing an additional 1,281 shares during the period. Wellington Shields & Co. LLC acquired a new stake in shares of Unilever PLC during the 3rd quarter worth about $214,000. Toronto Dominion Bank boosted its stake in shares of Unilever PLC by 17.2% during the 3rd quarter. Toronto Dominion Bank now owns 13,931 shares of the company’s stock worth $809,000 after purchasing an additional 2,041 shares during the last quarter. Jarislowsky Fraser Ltd boosted its stake in shares of Unilever PLC by 78.2% during the 3rd quarter. Jarislowsky Fraser Ltd now owns 13,486 shares of the company’s stock worth $781,000 after purchasing an additional 5,919 shares during the last quarter. Finally, GW Henssler & Associates Ltd. boosted its stake in shares of Unilever PLC by 4.6% during the 3rd quarter. GW Henssler & Associates Ltd. now owns 54,176 shares of the company’s stock worth $3,140,000 after purchasing an additional 2,364 shares during the last quarter. 7.25% of the stock is currently owned by institutional investors.

Unilever PLC (NYSE:UL) traded down $0.30 on Thursday, hitting $55.51. 659,300 shares of the company traded hands, compared to its average volume of 1,701,459. Unilever PLC has a twelve month low of $38.58 and a twelve month high of $60.13.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 3rd will be given a $0.4217 dividend. The ex-dividend date is Thursday, November 2nd. This is a boost from Unilever PLC’s previous quarterly dividend of $0.41. This represents a $1.69 annualized dividend and a dividend yield of 3.04%.

Several research firms have issued reports on UL. Zacks Investment Research cut shares of Unilever PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Royal Bank Of Canada cut shares of Unilever PLC from a “sector perform” rating to an “underperform” rating in a research report on Friday, August 11th. Morgan Stanley reissued a “neutral” rating on shares of Unilever PLC in a research report on Wednesday, October 11th. Finally, J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever PLC in a research report on Thursday, September 7th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price 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.

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

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