Haverford Trust Co Trims Stock Position in Unilever PLC (NYSE:UL)

Haverford Trust Co lessened its holdings in Unilever PLC (NYSE:UL - Free Report) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,083 shares of the company's stock after selling 5,426 shares during the quarter. Haverford Trust Co's holdings in Unilever were worth $3,974,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

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

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Unilever Stock Performance

Shares of Unilever stock traded up $0.51 during trading hours on Friday, hitting $59.18. The company's stock had a trading volume of 3,362,355 shares, compared to its average volume of 2,531,628. The stock has a market cap of $146.60 billion, a price-to-earnings ratio of 16.96, 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. The firm has a fifty day moving average of $57.61 and a 200-day moving average of $59.25.

Unilever Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were given a $0.4674 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 3.16%. Unilever's payout ratio is currently 53.01%.

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.