Autumn Glory Partners LLC Has $3.67 Million Holdings in Unilever PLC (NYSE:UL)

Autumn Glory Partners LLC trimmed its holdings in Unilever PLC (NYSE:UL - Free Report) by 16.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 64,805 shares of the company's stock after selling 13,024 shares during the period. Unilever comprises about 1.8% of Autumn Glory Partners LLC's holdings, making the stock its 10th largest position. Autumn Glory Partners LLC's holdings in Unilever were worth $3,674,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Golden State Wealth Management LLC purchased a new stake in Unilever in the 4th quarter valued at $26,000. Financial Life Planners purchased a new stake in shares of Unilever in the fourth quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Unilever during the third quarter valued at about $35,000. Newbridge Financial Services Group Inc. purchased a new position in Unilever during the fourth quarter worth about $36,000. Finally, Brooklyn Investment Group bought a new stake in Unilever in the 3rd quarter worth about $40,000. 9.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on UL. StockNews.com raised shares of Unilever from a "hold" rating to a "buy" rating in a research report on Tuesday. Royal Bank of Canada lowered Unilever from a "sector perform" rating to an "underperform" rating in a research report on Monday, January 6th. Sanford C. Bernstein raised shares of Unilever from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. Finally, Erste Group Bank restated a "hold" rating on shares of Unilever in a report on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $61.75.

Unilever Price Performance

NYSE:UL traded up $0.73 on Wednesday, reaching $55.65. 4,613,197 shares of the company's stock were exchanged, compared to its average volume of 2,723,884. The stock has a fifty day simple moving average of $56.97 and a 200-day simple moving average of $60.19. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87.

Unilever Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a $0.4674 dividend. This represents a $1.87 annualized dividend and a yield of 3.36%. The ex-dividend date is Friday, February 28th.

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.