Graypoint LLC Has $398,000 Position in Unilever PLC (NYSE:UL)

Graypoint LLC trimmed its position in shares of Unilever PLC (NYSE:UL) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,022 shares of the company’s stock after selling 295 shares during the quarter. Graypoint LLC’s holdings in Unilever were worth $398,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in UL. O Brien Greene & Co. Inc boosted its position in Unilever by 2.7% during the 2nd quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock worth $366,000 after buying an additional 174 shares during the period. Creative Financial Designs Inc. ADV raised its stake in shares of Unilever by 7.0% during the third 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 during the last quarter. Timber Creek Capital Management LLC lifted its holdings in shares of Unilever by 0.5% during the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock worth $2,568,000 after purchasing an additional 182 shares during the period. Good Life Advisors LLC grew its stake in shares of Unilever by 4.5% in the third quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock worth $295,000 after purchasing an additional 196 shares during the last quarter. Finally, Fiduciary Financial Group LLC increased its holdings in Unilever by 4.3% in the third 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.

Wall Street Analysts Forecast Growth

UL has been the topic of a number of analyst reports. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Unilever currently has an average rating of “Hold” and a consensus target price of $61.75.

Unilever Stock Performance

Unilever stock opened at $55.14 on Friday. The stock has a market capitalization of $136.63 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 1.80 and a beta of 0.49. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The stock’s 50 day moving average price is $58.13 and its two-hundred day moving average price is $60.32.

Unilever Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 8th were issued a $0.4755 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 3.45%. This is a boost from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, November 8th. Unilever’s dividend payout ratio (DPR) is presently 56.63%.

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.