Twin City Private Wealth LLC Purchases 5,158 Shares of Unilever PLC (NYSE:UL)

Twin City Private Wealth LLC raised its position in Unilever PLC (NYSE:UL - Free Report) by 48.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,809 shares of the company's stock after acquiring an additional 5,158 shares during the quarter. Twin City Private Wealth LLC's holdings in Unilever were worth $896,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of UL. Thrivent Financial for Lutherans increased its position in Unilever by 14.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 15,539 shares of the company's stock valued at $1,009,000 after purchasing an additional 2,001 shares during the period. King Luther Capital Management Corp raised its stake in Unilever by 6.5% in the third quarter. King Luther Capital Management Corp now owns 7,948 shares of the company's stock worth $516,000 after buying an additional 487 shares in the last quarter. Banco Santander S.A. purchased a new position in shares of Unilever during the 3rd quarter worth approximately $585,000. Charles Schwab Investment Management Inc. grew its stake in Unilever by 26.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 151,027 shares of the company's stock worth $9,811,000 after purchasing an additional 31,186 shares during the period. Finally, Citigroup Inc. lifted its position in Unilever by 493.4% during the third quarter. Citigroup Inc. now owns 1,105,064 shares of the company's stock valued at $71,785,000 after buying an additional 918,841 shares during the period. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

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

Unilever Stock Performance

Shares of Unilever stock traded down $0.04 on Tuesday, hitting $58.10. 2,219,045 shares of the company's stock were exchanged, compared to its average volume of 2,503,917. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The company has a 50-day simple moving average of $57.41 and a 200-day simple moving average of $59.35. The stock has a market capitalization of $143.93 billion, a PE ratio of 16.65, a PEG ratio of 1.60 and a beta of 0.47.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a dividend of $0.4674 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.22%. Unilever's dividend payout ratio (DPR) is presently 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.