Guyasuta Investment Advisors Inc. Trims Stock Position in Unilever PLC (NYSE:UL)

Guyasuta Investment Advisors Inc. decreased its position in Unilever PLC (NYSE:UL) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,187 shares of the company’s stock after selling 2,202 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Unilever were worth $6,191,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV increased its position in shares of Unilever by 7.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock valued at $181,000 after acquiring an additional 181 shares during the last quarter. Timber Creek Capital Management LLC boosted its position in shares of Unilever by 0.5% during 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 during the period. Farmers & Merchants Investments Inc. increased its holdings in Unilever by 3.4% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company’s stock valued at $320,000 after purchasing an additional 185 shares during the last quarter. Alhambra Investment Management LLC raised its position in Unilever by 4.2% in the fourth quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock valued at $260,000 after purchasing an additional 186 shares during the period. Finally, Phillips Wealth Planners LLC lifted its stake in Unilever by 2.2% during the fourth quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company’s stock worth $495,000 after purchasing an additional 193 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on UL. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $61.75.

Unilever Price Performance

Shares of Unilever stock opened at $54.89 on Friday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The company’s fifty day moving average is $57.21 and its two-hundred day moving average is $60.35.

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 given a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a yield of 3.41%. The ex-dividend date is Friday, February 28th.

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.