Fmr LLC Sells 367,086 Shares of Unilever PLC (NYSE:UL)

FMR LLC lessened its holdings in Unilever PLC (NYSE:UL - Free Report) by 6.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,458,651 shares of the company's stock after selling 367,086 shares during the period. FMR LLC owned about 0.22% of Unilever worth $309,505,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Kovitz Investment Group Partners LLC increased its position in Unilever by 14.1% during the third quarter. Kovitz Investment Group Partners LLC now owns 12,797 shares of the company's stock worth $831,000 after buying an additional 1,578 shares during the last quarter. Barclays PLC increased its holdings in shares of Unilever by 77.1% during the 3rd quarter. Barclays PLC now owns 2,199 shares of the company's stock valued at $144,000 after acquiring an additional 957 shares during the last quarter. Coldstream Capital Management Inc. increased its holdings in shares of Unilever by 13.9% during the 3rd quarter. Coldstream Capital Management Inc. now owns 17,133 shares of the company's stock valued at $1,113,000 after acquiring an additional 2,089 shares during the last quarter. Rehmann Capital Advisory Group raised its stake in shares of Unilever by 8.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 7,402 shares of the company's stock valued at $483,000 after acquiring an additional 570 shares in the last quarter. Finally, M&T Bank Corp lifted its holdings in Unilever by 0.7% in the 3rd quarter. M&T Bank Corp now owns 639,518 shares of the company's stock worth $41,543,000 after purchasing an additional 4,398 shares during the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

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Unilever Stock Down 0.2 %

Unilever stock traded down $0.12 during trading hours on Tuesday, hitting $62.12. The stock had a trading volume of 1,737,237 shares, compared to its average volume of 2,612,122. The company has a 50-day moving average of $58.30 and a two-hundred day moving average of $58.79. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87. The company has a market cap of $153.89 billion, a PE ratio of 17.80, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42.

Unilever Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were paid a $0.4674 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.01%. Unilever's payout ratio is 53.01%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on UL shares. StockNews.com upgraded shares of Unilever from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Sanford C. Bernstein raised Unilever from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. Royal Bank of Canada downgraded Unilever from a "sector perform" rating to an "underperform" rating in a research report on Monday, January 6th. Finally, DZ Bank upgraded Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $66.33.

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.