31,185 Shares in Unilever PLC (NYSE:UL) Purchased by Life Planning Partners Inc

Life Planning Partners Inc acquired a new stake in shares of Unilever PLC (NYSE:UL) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 31,185 shares of the company’s stock, valued at approximately $1,768,000.

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

Analyst Ratings Changes

UL has been the subject of several research analyst reports. DZ Bank raised Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Unilever presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.33.

Unilever Stock Performance

NYSE:UL opened at $59.18 on Friday. The company has a market capitalization of $146.60 billion, a P/E ratio of 16.96, a P/E/G ratio of 1.60 and a beta of 0.47. The stock’s 50 day moving average price is $57.61 and its 200 day moving average price is $59.25. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87.

Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 28th were issued a dividend of $0.4674 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.16%. Unilever’s dividend payout ratio is currently 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.