Brighton Jones LLC Purchases 2,758 Shares of Unilever PLC (NYSE:UL)

Brighton Jones LLC raised its position in shares of Unilever PLC (NYSE:UL) by 37.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,033 shares of the company’s stock after acquiring an additional 2,758 shares during the quarter. Brighton Jones LLC’s holdings in Unilever were worth $652,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in Unilever during the 3rd quarter valued at approximately $11,908,000. Greenleaf Trust lifted its holdings in shares of Unilever by 5.3% during the third quarter. Greenleaf Trust now owns 16,117 shares of the company’s stock valued at $1,047,000 after purchasing an additional 804 shares during the last quarter. Waldron Private Wealth LLC lifted its holdings in shares of Unilever by 13.8% during the third quarter. Waldron Private Wealth LLC now owns 22,610 shares of the company’s stock valued at $1,469,000 after purchasing an additional 2,739 shares during the last quarter. Eastern Bank purchased a new position in shares of Unilever during the third quarter valued at approximately $2,785,000. Finally, Signaturefd LLC lifted its holdings in shares of Unilever by 4.0% during the third quarter. Signaturefd LLC now owns 40,351 shares of the company’s stock valued at $2,621,000 after purchasing an additional 1,535 shares during the last quarter. 9.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on UL. Bank of America upgraded shares of Unilever from an “underperform” rating to a “buy” rating and lifted their target price for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. UBS Group upgraded shares of Unilever to a “strong sell” rating in a report on Tuesday, July 30th. TD Cowen began coverage on shares of Unilever in a report on Tuesday, July 23rd. They set a “buy” rating and a $67.00 target price for the company. Finally, StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, October 4th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Unilever currently has a consensus rating of “Hold” and a consensus target price of $61.75.

Unilever Stock Performance

Shares of NYSE UL opened at $61.69 on Friday. Unilever PLC has a twelve month low of $46.16 and a twelve month high of $65.87. The company has a 50 day moving average of $63.79 and a 200 day moving average of $58.04.

Unilever Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be issued a $0.4755 dividend. This is a positive change from Unilever’s previous dividend of $0.35. The ex-dividend date is Friday, November 8th.

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.