Life Planning Partners Inc Buys New Holdings in Unilever PLC (NYSE:UL)

Life Planning Partners Inc purchased a new stake in Unilever PLC (NYSE:UL - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 31,185 shares of the company's stock, valued at approximately $1,768,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Golden State Wealth Management LLC acquired a new stake in Unilever in the fourth quarter valued at approximately $26,000. Financial Life Planners purchased a new stake in Unilever during the 4th quarter worth $28,000. VSM Wealth Advisory LLC acquired a new position in Unilever in the 4th quarter worth $28,000. Roxbury Financial LLC purchased a new position in Unilever in the 4th quarter valued at about $30,000. Finally, Mainstream Capital Management LLC acquired a new stake in shares of Unilever during the fourth quarter valued at about $31,000. Hedge funds and other institutional investors own 9.67% of the company's stock.

Unilever Stock Up 4.9 %

Shares of NYSE:UL traded up $2.96 during trading on Thursday, hitting $62.82. 3,627,115 shares of the company traded hands, compared to its average volume of 2,538,754. The stock has a market capitalization of $155.62 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 1.60 and a beta of 0.42. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The business's fifty day moving average is $57.82 and its 200-day moving average is $59.14.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were issued a dividend of $0.4674 per share. The ex-dividend date was Friday, February 28th. This represents a $1.87 annualized dividend and a yield of 2.98%. Unilever's dividend payout ratio (DPR) is presently 53.01%.

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Analysts Set New Price Targets

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