Unilever PLC (NYSE:UL) Shares Sold by St. James Investment Company LLC

St. James Investment Company LLC cut its holdings in Unilever PLC (NYSE:UL - Free Report) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 645,946 shares of the company's stock after selling 30,991 shares during the quarter. Unilever makes up about 6.3% of St. James Investment Company LLC's investment portfolio, making the stock its 5th largest position. St. James Investment Company LLC's holdings in Unilever were worth $36,625,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of UL. Golden State Wealth Management LLC purchased a new position in shares of Unilever in the fourth quarter worth about $26,000. Financial Life Planners acquired a new position in Unilever in the 4th quarter worth approximately $28,000. VSM Wealth Advisory LLC purchased a new position in Unilever during the 4th quarter worth approximately $28,000. Roxbury Financial LLC acquired a new stake in Unilever during the 4th quarter valued at approximately $30,000. Finally, Mainstream Capital Management LLC purchased a new stake in shares of Unilever in the 4th quarter valued at $31,000. Institutional investors own 9.67% of the company's stock.

Unilever Trading Down 3.2 %

UL traded down $1.98 during mid-day trading on Friday, hitting $60.57. 3,037,669 shares of the stock were exchanged, compared to its average volume of 2,554,667. The company has a market cap of $150.05 billion, a PE ratio of 17.34, a PEG ratio of 1.60 and a beta of 0.42. The firm's fifty day moving average is $57.94 and its two-hundred day moving average is $59.16. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87.

Remove Ads

Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were paid a $0.4674 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.87 annualized dividend and a dividend yield of 3.09%. Unilever's dividend payout ratio (DPR) is 53.01%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on UL. Sanford C. Bernstein raised 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 report on Friday, February 21st. StockNews.com upgraded Unilever from a "hold" rating to a "buy" rating in a report on Friday, March 7th. 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 analysts have rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Unilever presently has a consensus rating of "Moderate Buy" and an average 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.