Banco de Sabadell S.A Has $692,000 Holdings in Unilever PLC (NYSE:UL)

Banco de Sabadell S.A decreased its holdings in shares of Unilever PLC (NYSE:UL) by 3.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,208 shares of the company’s stock after selling 467 shares during the quarter. Banco de Sabadell S.A’s holdings in Unilever were worth $692,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Golden State Wealth Management LLC acquired a new position in shares of Unilever during the 4th quarter worth about $26,000. Financial Life Planners acquired a new position in Unilever during the fourth quarter valued at approximately $28,000. VSM Wealth Advisory LLC bought a new position in Unilever in the fourth quarter valued at approximately $28,000. Roxbury Financial LLC bought a new stake in shares of Unilever during the 4th quarter worth approximately $30,000. Finally, Mainstream Capital Management LLC acquired a new stake in shares of Unilever in the 4th quarter valued at approximately $31,000. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Down 1.0 %

Unilever stock opened at $58.64 on Friday. The company’s 50-day moving average price is $57.28 and its two-hundred day moving average price is $59.49. The stock has a market cap of $145.50 billion, a P/E ratio of 16.80, a P/E/G ratio of 1.60 and a beta of 0.47. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87.

Unilever Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a dividend of $0.4674 per share. The ex-dividend date is Friday, February 28th. This represents a $1.87 annualized dividend and a yield of 3.19%. Unilever’s payout ratio is currently 53.01%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, DZ Bank upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.