Fiduciary Management Inc. WI Decreases Holdings in Unilever PLC (NYSE:UL)

Fiduciary Management Inc. WI cut its holdings in Unilever PLC (NYSE:UL - Free Report) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,636,325 shares of the company's stock after selling 154,958 shares during the quarter. Unilever accounts for 1.9% of Fiduciary Management Inc. WI's investment portfolio, making the stock its 16th largest holding. Fiduciary Management Inc. WI owned about 0.15% of Unilever worth $206,180,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in shares of Unilever during the fourth quarter worth about $26,000. Financial Life Planners bought a new position in shares of Unilever in the fourth quarter valued at approximately $28,000. VSM Wealth Advisory LLC bought a new stake in Unilever during the fourth quarter worth $28,000. Roxbury Financial LLC bought a new position in Unilever during the 4th quarter valued at $30,000. Finally, Mainstream Capital Management LLC purchased a new position in Unilever during the 4th quarter worth $31,000. 9.67% of the stock is currently owned by institutional investors.

Unilever Stock Down 1.9 %

NYSE:UL traded down $1.21 during mid-day trading on Wednesday, hitting $64.22. 5,486,403 shares of the stock traded hands, compared to its average volume of 2,603,765. Unilever PLC has a 12-month low of $47.80 and a 12-month high of $65.87. The company has a market cap of $159.08 billion, a PE ratio of 18.40, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42. The business's 50-day moving average price is $58.96 and its 200 day moving average price is $58.81.

Unilever Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were paid a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend was Friday, February 28th. Unilever's dividend payout ratio is 53.01%.

Analyst Ratings Changes

UL has been the subject of a number of recent analyst reports. Sanford C. Bernstein raised shares of Unilever from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. StockNews.com cut Unilever from a "buy" rating to a "hold" rating in a research note on Friday, April 18th. Royal Bank of Canada downgraded shares of Unilever from a "sector perform" rating to an "underperform" rating in a report on Monday, January 6th. Finally, DZ Bank raised shares of Unilever from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Two analysts have rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price 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.