31,185 Shares in Unilever PLC (NYSE:UL) Acquired by Life Planning Partners Inc

Life Planning Partners Inc purchased a new stake in Unilever PLC (NYSE:UL - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 31,185 shares of the company's stock, valued at approximately $1,768,000.

A number of other institutional investors have also recently bought and sold shares of UL. Fisher Asset Management LLC raised its stake in shares of Unilever by 7.1% during the 3rd quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company's stock worth $1,086,547,000 after purchasing an additional 1,114,177 shares in the last quarter. Jennison Associates LLC boosted its stake in Unilever by 66.4% in the 4th quarter. Jennison Associates LLC now owns 3,454,686 shares of the company's stock valued at $195,881,000 after buying an additional 1,378,517 shares in the last quarter. Hamlin Capital Management LLC raised its position in Unilever by 7.8% in the 4th quarter. Hamlin Capital Management LLC now owns 2,874,929 shares of the company's stock valued at $163,008,000 after purchasing an additional 207,549 shares during the last quarter. Bank of Montreal Can raised its position in shares of Unilever by 3.7% during the third quarter. Bank of Montreal Can now owns 1,812,164 shares of the company's stock worth $118,588,000 after acquiring an additional 63,835 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in Unilever by 18.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,240,653 shares of the company's stock valued at $70,132,000 after buying an additional 190,753 shares during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Price Performance

NYSE UL traded down $1.08 during mid-day trading on Monday, reaching $54.89. The stock had a trading volume of 2,502,253 shares, compared to its average volume of 2,340,608. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The company has a fifty day moving average price of $57.13 and a 200 day moving average price of $60.29.

Unilever Cuts Dividend

The company 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. The ex-dividend date is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 3.41%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Erste Group Bank reiterated a "hold" rating on shares of Unilever in a report on Tuesday, November 19th. StockNews.com lowered Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Sanford C. Bernstein raised Unilever from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. Finally, Royal Bank of Canada downgraded Unilever from a "sector perform" rating to an "underperform" rating in a report on Monday, January 6th. Three analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $61.75.

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.