Level Four Advisory Services LLC Buys 1,174 Shares of Unilever PLC (NYSE:UL)

Level Four Advisory Services LLC boosted its stake in Unilever PLC (NYSE:UL) by 11.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 11,319 shares of the company’s stock after purchasing an additional 1,174 shares during the period. Level Four Advisory Services LLC’s holdings in Unilever were worth $642,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pinion Investment Advisors LLC raised its holdings in shares of Unilever by 2.0% in the 4th quarter. Pinion Investment Advisors LLC now owns 9,250 shares of the company’s stock worth $524,000 after purchasing an additional 177 shares during the period. Tyler Stone Wealth Management raised its stake in shares of Unilever by 2.8% in the fourth quarter. Tyler Stone Wealth Management now owns 6,576 shares of the company’s stock valued at $373,000 after buying an additional 180 shares during the period. Ausdal Financial Partners Inc. lifted its position in shares of Unilever by 1.9% during the 4th quarter. Ausdal Financial Partners Inc. now owns 9,956 shares of the company’s stock valued at $565,000 after buying an additional 181 shares during the last quarter. Timber Creek Capital Management LLC grew its stake in shares of Unilever by 0.5% during the 3rd quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock worth $2,568,000 after acquiring an additional 182 shares during the period. Finally, Farmers & Merchants Investments Inc. increased its holdings in Unilever by 3.4% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company’s stock worth $320,000 after acquiring an additional 185 shares during the last quarter. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Trading Up 0.9 %

NYSE UL opened at $59.18 on Monday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The stock’s fifty day moving average price is $57.61 and its 200-day moving average price is $59.21. The stock has a market cap 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.

Unilever Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were paid 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 yield of 3.16%. Unilever’s dividend payout ratio is currently 53.01%.

Analysts Set New Price Targets

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