49,345 Shares in Unilever PLC (NYSE:UL) Acquired by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in Unilever PLC (NYSE:UL) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 49,345 shares of the company’s stock, valued at approximately $3,205,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Abich Financial Wealth Management LLC raised its holdings in Unilever by 393.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock valued at $29,000 after buying an additional 425 shares during the last quarter. 1620 Investment Advisors Inc. bought a new position in shares of Unilever during the second quarter valued at about $30,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Unilever during the third quarter valued at about $35,000. Jamison Private Wealth Management Inc. boosted its holdings in shares of Unilever by 202.5% during the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after purchasing an additional 405 shares during the period. Finally, Brooklyn Investment Group purchased a new position in Unilever during the 3rd quarter valued at about $40,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Bank of America upgraded Unilever from an “underperform” rating to a “buy” rating and increased their price objective for the stock from $47.00 to $72.00 in a report on Thursday, August 22nd. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Erste Group Bank reissued a “hold” rating on shares of Unilever in a research 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 issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $61.75.

Unilever Trading Down 0.9 %

UL opened at $59.02 on Friday. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87. The stock has a fifty day simple moving average of $60.90 and a two-hundred day simple moving average of $59.91.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were paid a $0.4755 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.22%. This is a positive change from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was 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.