Buys and Sells for the Week 10/22

Another week of strong earnings being reported across the board keeping markets near their high. Here are my trades for the week:

  1. Unilever PLC (UL) – increased position – Bought early in the week before earnings were announced. Buying at this price point point might be history as earnings were decent pushing share prices up. Grabbed 3 shares @ $52.32 and a 3.82% yield.
  2. Investors Bancorp (ISBC) – sold position – Buyout offer from Citizens Financial was great for their shareholders but not so much for ISBC shareholders as the offer was equivalent to $14.62/share. Sold 269 shares @ $16.15.
  3. Independent Bank Corp (IBCP)new position – My replacement for the ISBC sale. 7 years of dividend growth and a very nice ROE of 18.9%, interesting little bank out of Michigan. Grabbed 196 shares @ $22.11 and a 3.8% yield.

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