Unilever PLC (NYSE:UL) Stock Holdings Lowered by Pacifica Partners Inc.

Pacifica Partners Inc. cut its position in Unilever PLC (NYSE:UL) by 3.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,345 shares of the company’s stock after selling 1,225 shares during the quarter. Pacifica Partners Inc.’s holdings in Unilever were worth $1,828,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UL. Abich Financial Wealth Management LLC lifted its stake in shares of Unilever by 393.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock worth $29,000 after acquiring an additional 425 shares during the period. E Fund Management Hong Kong Co. Ltd. bought a new position in Unilever during the 3rd quarter valued at $35,000. Jamison Private Wealth Management Inc. increased its position in shares of Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after purchasing an additional 405 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Unilever in the third quarter valued at $40,000. Finally, Coastline Trust Co acquired a new stake in Unilever in the 3rd quarter valued at about $48,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Stock Down 0.5 %

Unilever stock opened at $54.74 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 $57.86 and its 200-day simple moving average is $60.35. The stock has a market cap of $135.64 billion, a P/E ratio of 16.49, a P/E/G ratio of 1.80 and a beta of 0.49.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were paid a dividend of $0.4755 per share. The ex-dividend date of this dividend was Friday, November 8th. This is an increase from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.47%. Unilever’s dividend payout ratio (DPR) is 56.63%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $61.75.

About Unilever

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.