Unilever PLC (NYSE:UL) Shares Sold by Hall Laurie J Trustee

Hall Laurie J Trustee trimmed its holdings in shares of Unilever PLC (NYSE:UL) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,995 shares of the company’s stock after selling 748 shares during the period. Hall Laurie J Trustee’s holdings in Unilever were worth $2,948,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of UL. Creative Financial Designs Inc. ADV lifted its position in shares of Unilever by 7.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock valued at $181,000 after acquiring an additional 181 shares in the last quarter. Timber Creek Capital Management LLC boosted its position in shares of Unilever by 0.5% in the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock worth $2,568,000 after buying an additional 182 shares during the period. Alhambra Investment Management LLC grew its holdings in shares of Unilever by 4.2% during the fourth quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock valued at $260,000 after buying an additional 186 shares in the last quarter. Good Life Advisors LLC raised its position in Unilever by 4.5% during the third quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock valued at $295,000 after buying an additional 196 shares during the period. Finally, Fiduciary Financial Group LLC increased its holdings in shares of Unilever by 4.3% in the 3rd quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock valued at $307,000 after purchasing an additional 201 shares during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Unilever Stock Up 0.4 %

NYSE UL opened at $55.68 on Monday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The company has a fifty day simple moving average of $57.62 and a 200 day simple moving average of $60.32.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were paid a $0.4755 dividend. The ex-dividend date was Friday, November 8th. This is a positive change from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.42%.

Unilever Company 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.