Seeds Investor LLC Has $347,000 Holdings in Unilever PLC (NYSE:UL)

Seeds Investor LLC increased its position in Unilever PLC (NYSE:UL) by 8.0% in the fourth quarter, HoldingsChannel reports. The firm owned 6,129 shares of the company’s stock after acquiring an additional 452 shares during the period. Seeds Investor LLC’s holdings in Unilever were worth $347,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new position in shares of Unilever in the 4th quarter valued at about $26,000. Financial Life Planners purchased a new position in Unilever during the fourth quarter valued at approximately $28,000. VSM Wealth Advisory LLC acquired a new position in Unilever in the 4th quarter valued at approximately $28,000. Roxbury Financial LLC purchased a new stake in Unilever in the 4th quarter worth approximately $30,000. Finally, Mainstream Capital Management LLC purchased a new stake in Unilever in the 4th quarter worth approximately $31,000. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Stock Performance

UL opened at $61.88 on Monday. The company has a market cap of $153.28 billion, a PE ratio of 17.73, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42. The stock has a 50-day moving average of $58.22 and a 200-day moving average of $58.81. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

Unilever Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were given a dividend of $0.4674 per share. The ex-dividend date was Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 3.02%. Unilever’s payout ratio is currently 53.01%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. DZ Bank raised shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a 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 company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.