Transamerica Financial Advisors Inc. Has $277,000 Position in Unilever PLC (NYSE:UL)

Transamerica Financial Advisors Inc. reduced its holdings in Unilever PLC (NYSE:UL) by 17.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,254 shares of the company’s stock after selling 901 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Unilever were worth $277,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. BNP Paribas Financial Markets lifted its holdings in Unilever by 1,515.0% in the third quarter. BNP Paribas Financial Markets now owns 57,090 shares of the company’s stock valued at $3,709,000 after buying an additional 53,555 shares during the period. Principal Street Partners LLC raised its holdings in Unilever by 98.9% in the third quarter. Principal Street Partners LLC now owns 15,404 shares of the company’s stock worth $1,001,000 after purchasing an additional 7,660 shares during the period. Brooklyn Investment Group acquired a new stake in Unilever in the third quarter worth $40,000. Quantbot Technologies LP acquired a new stake in Unilever in the third quarter worth $2,669,000. Finally, Bank of Montreal Can raised its holdings in Unilever by 3.7% in the third quarter. Bank of Montreal Can now owns 1,812,164 shares of the company’s stock worth $118,588,000 after purchasing an additional 63,835 shares during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on UL. StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. UBS Group upgraded shares of Unilever to a “strong sell” rating in a report on Tuesday, July 30th. Bank of America upgraded shares of Unilever from an “underperform” rating to a “buy” rating and increased their target price for the stock from $47.00 to $72.00 in a report on Thursday, August 22nd. Finally, Erste Group Bank reiterated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $61.75.

Unilever Stock Performance

Shares of NYSE:UL opened at $59.11 on Wednesday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The company’s fifty day simple moving average is $61.61 and its 200 day simple moving average is $59.73.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be given a $0.4755 dividend. The ex-dividend date is Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a yield of 3.22%. This is an increase from Unilever’s previous quarterly dividend of $0.35.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.