One Capital Management LLC Trims Holdings in Unilever PLC (NYSE:UL)

One Capital Management LLC decreased its holdings in Unilever PLC (NYSE:UL) by 0.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 127,549 shares of the company’s stock after selling 830 shares during the quarter. One Capital Management LLC’s holdings in Unilever were worth $7,232,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of UL. Raymond James Financial Inc. purchased a new stake in Unilever in the fourth quarter worth $176,806,000. Jennison Associates LLC grew its position in shares of Unilever by 981.6% during the 3rd quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock worth $134,868,000 after buying an additional 1,884,216 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of Unilever by 7.3% during the 4th quarter. Fisher Asset Management LLC now owns 17,940,963 shares of the company’s stock worth $1,017,253,000 after buying an additional 1,214,563 shares in the last quarter. Citigroup Inc. grew its position in shares of Unilever by 493.4% during the 3rd quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock worth $71,785,000 after buying an additional 918,841 shares in the last quarter. Finally, Icon Wealth Advisors LLC grew its position in shares of Unilever by 7,466.0% during the 3rd quarter. Icon Wealth Advisors LLC now owns 629,569 shares of the company’s stock worth $40,897,000 after buying an additional 621,248 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Unilever stock opened at $58.38 on Thursday. The stock has a 50-day moving average of $56.64 and a two-hundred day moving average of $59.86. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The stock has a market cap of $144.85 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47.

Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be paid a $0.4674 dividend. This represents a $1.87 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Friday, February 28th. Unilever’s dividend payout ratio (DPR) is presently 53.01%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on UL. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. DZ Bank raised Unilever from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Two analysts have rated the stock with a sell rating, two have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.33.

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.