First Pacific Financial Has $964,000 Stock Position in Unilever PLC (NYSE:UL)

First Pacific Financial lowered its holdings in shares of Unilever PLC (NYSE:UL) by 2.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,007 shares of the company’s stock after selling 345 shares during the period. First Pacific Financial’s holdings in Unilever were worth $964,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of UL. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Unilever by 16.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock worth $7,180,000 after acquiring an additional 15,941 shares during the last quarter. Verition Fund Management LLC acquired a new position in shares of Unilever during the third quarter worth $11,694,000. Bank of Montreal Can lifted its stake in shares of Unilever by 249.5% in the 2nd quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock valued at $98,204,000 after acquiring an additional 1,248,136 shares during the last quarter. WCM Investment Management LLC lifted its stake in shares of Unilever by 236.2% in the 3rd quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock valued at $1,997,000 after acquiring an additional 21,441 shares during the last quarter. Finally, Radnor Capital Management LLC acquired a new stake in shares of Unilever during the 3rd quarter valued at $1,388,000. 9.67% of the stock is currently owned by institutional investors.

Unilever Stock Performance

UL stock opened at $55.50 on Friday. The company’s fifty day simple moving average is $57.77 and its 200 day simple moving average is $60.31. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were given a dividend of $0.4755 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Friday, November 8th. This is an increase from Unilever’s previous quarterly dividend of $0.35.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Finally, Sanford C. Bernstein raised 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 issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $61.75.

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.