Graypoint LLC Sells 295 Shares of Unilever PLC (NYSE:UL)

Graypoint LLC decreased its position in Unilever PLC (NYSE:UL) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 have also added to or reduced their stakes in the company. O Brien Greene & Co. Inc increased 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 increased its position in Unilever by 7.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock worth $181,000 after acquiring an additional 181 shares during the period. Timber Creek Capital Management LLC raised its stake in Unilever by 0.5% in the 3rd 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 in the last quarter. Good Life Advisors LLC boosted its holdings in Unilever by 4.5% in the 3rd quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock valued at $295,000 after purchasing an additional 196 shares during the period. Finally, Fiduciary Financial Group LLC grew its position in shares of Unilever by 4.3% during the 3rd quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock worth $307,000 after purchasing an additional 201 shares in the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Stock Down 1.8 %

Unilever stock opened at $55.14 on Friday. The stock has a market cap of $136.63 billion, a PE ratio of 16.61, a P/E/G ratio of 1.80 and a beta of 0.49. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87. The business’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 disclosed 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 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 is currently 56.63%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on UL shares. 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. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Finally, StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $61.75.

Unilever 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.