Unilever PLC (NYSE:UL) Shares Sold by Arjuna Capital

Arjuna Capital trimmed its holdings in Unilever PLC (NYSE:UL - Free Report) by 20.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,474 shares of the company's stock after selling 4,825 shares during the quarter. Arjuna Capital's holdings in Unilever were worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC purchased a new position in shares of Unilever in the fourth quarter worth $26,000. Financial Life Planners bought a new position in shares of Unilever during the 4th quarter valued at approximately $28,000. Roxbury Financial LLC purchased a new stake in shares of Unilever in the fourth quarter worth $30,000. Mainstream Capital Management LLC bought a new stake in Unilever during the fourth quarter valued at about $31,000. Finally, Brooklyn Investment Group bought a new stake in Unilever during the 3rd quarter valued at approximately $40,000. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on UL. StockNews.com upgraded shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday, March 7th. Erste Group Bank reissued a "hold" rating on shares of Unilever in a research note on Tuesday, November 19th. 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 upgraded Unilever from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Finally, Royal Bank of Canada cut Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Two analysts have rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $66.33.

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Unilever Trading Down 0.4 %

UL traded down $0.27 during midday trading on Wednesday, hitting $59.07. 2,749,943 shares of the company were exchanged, compared to its average volume of 2,529,710. The firm has a market capitalization of $146.57 billion, a price-to-earnings ratio of 16.92, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The company's 50 day simple moving average is $56.82 and its 200 day simple moving average is $59.77.

Unilever Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be given a dividend of $0.4674 per share. The ex-dividend date is Friday, February 28th. This represents a $1.87 annualized dividend and a yield of 3.17%. Unilever's dividend payout ratio is presently 53.01%.

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.