First Pacific Financial lessened its stake in Unilever PLC (NYSE:UL – Free Report) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,007 shares of the company’s stock after selling 345 shares during the quarter. First Pacific Financial’s holdings in Unilever were worth $964,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Abich Financial Wealth Management LLC raised its position in Unilever by 393.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock valued at $29,000 after buying an additional 425 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Unilever in the third quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. lifted its position in shares of Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after purchasing an additional 405 shares in the last quarter. Brooklyn Investment Group acquired a new position in Unilever during the third quarter worth $40,000. Finally, Coastline Trust Co bought a new position in Unilever in the third quarter valued at $48,000. Institutional investors own 9.67% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Finally, Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Unilever presently has an average rating of “Hold” and a consensus target price of $61.75.
Unilever Stock Performance
UL opened at $55.50 on Friday. The business has a fifty day simple moving average of $57.77 and a 200 day simple moving average of $60.31. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.
Unilever Increases Dividend
The business also recently declared 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. The ex-dividend date was Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a yield of 3.43%. This is an increase from Unilever’s previous quarterly dividend of $0.35.
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.
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