7,941 Shares in Unilever PLC (NYSE:UL) Purchased by Haven Private LLC

Haven Private LLC purchased a new position in shares of Unilever PLC (NYSE:UL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,941 shares of the company's stock, valued at approximately $450,000.

Several other hedge funds also recently bought and sold shares of UL. Pinion Investment Advisors LLC grew its position in shares of Unilever by 2.0% in the fourth quarter. Pinion Investment Advisors LLC now owns 9,250 shares of the company's stock valued at $524,000 after purchasing an additional 177 shares during the period. Timber Creek Capital Management LLC grew its position in shares of Unilever by 0.5% in the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company's stock valued at $2,568,000 after purchasing an additional 182 shares during the period. Farmers & Merchants Investments Inc. grew its position in shares of Unilever by 3.4% in the fourth 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 period. Alhambra Investment Management LLC grew its position in shares of 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 grew its position in shares of Unilever by 2.2% in the fourth quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company's stock valued at $495,000 after purchasing an additional 193 shares during the period. Hedge funds and other institutional investors own 9.67% of the company's stock.

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Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. StockNews.com raised Unilever from a "hold" rating to a "buy" rating in a research report on Friday. Erste Group Bank reissued a "hold" rating on shares of Unilever in a research report on Tuesday, November 19th. DZ Bank raised Unilever from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Sanford C. Bernstein raised Unilever from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. Finally, Royal Bank of Canada downgraded Unilever from a "sector perform" rating to an "underperform" rating in a research report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $66.33.

Unilever Trading Up 1.7 %

Shares of UL traded up $0.99 during midday trading on Friday, reaching $59.24. 2,380,209 shares of the company were exchanged, compared to its average volume of 2,522,238. The stock has a 50-day moving average price of $56.69 and a 200-day moving average price of $59.83. The company has a market cap of $146.99 billion, a price-to-earnings ratio of 16.97, a P/E/G ratio of 1.60 and a beta of 0.47. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.4674 per share. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend is Friday, February 28th. Unilever's dividend payout ratio is presently 53.01%.

Unilever Company 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.