Unilever PLC (NYSE:UL) Shares Sold by WR Wealth Planners LLC

WR Wealth Planners LLC decreased its position in shares of Unilever PLC (NYSE:UL) by 10.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,269 shares of the company’s stock after selling 1,678 shares during the quarter. WR Wealth Planners LLC’s holdings in Unilever were worth $809,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Sage Investment Counsel LLC acquired a new stake in shares of Unilever during the 4th quarter worth approximately $434,000. SVB Wealth LLC acquired a new stake in Unilever in the 4th quarter valued at $413,000. Private Trust Co. NA grew its stake in Unilever by 6.6% in the 4th quarter. Private Trust Co. NA now owns 9,252 shares of the company’s stock valued at $525,000 after acquiring an additional 575 shares during the period. Fielder Capital Group LLC grew its stake in Unilever by 7.2% in the 4th quarter. Fielder Capital Group LLC now owns 5,921 shares of the company’s stock valued at $336,000 after acquiring an additional 400 shares during the period. Finally, QRG Capital Management Inc. grew its stake in Unilever by 6.3% in the 4th quarter. QRG Capital Management Inc. now owns 235,108 shares of the company’s stock valued at $13,331,000 after acquiring an additional 14,022 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Up 0.3 %

Shares of UL opened at $56.61 on Friday. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The firm’s fifty day moving average is $56.59 and its two-hundred day moving average is $59.93.

Unilever Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.4674 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.87 annualized dividend and a yield of 3.30%.

Wall Street Analysts Forecast Growth

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

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.