S.A. Mason LLC Has $203,000 Holdings in Unilever PLC (NYSE:UL)

S.A. Mason LLC trimmed its position in shares of Unilever PLC (NYSE:UL) by 6.9% during the 4th quarter, HoldingsChannel reports. The firm owned 4,183 shares of the company’s stock after selling 310 shares during the quarter. S.A. Mason LLC’s holdings in Unilever were worth $203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quilter Plc acquired a new position in shares of Unilever during the 1st quarter worth about $244,998,000. Barrett & Company Inc. lifted its holdings in shares of Unilever by 51.5% during the third quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock worth $30,000 after buying an additional 206 shares during the last quarter. Legacy Private Trust Co. boosted its position in shares of Unilever by 4.0% in the third quarter. Legacy Private Trust Co. now owns 5,518 shares of the company’s stock valued at $273,000 after acquiring an additional 212 shares during the period. Sage Rhino Capital LLC grew its stake in shares of Unilever by 2.4% in the third quarter. Sage Rhino Capital LLC now owns 9,066 shares of the company’s stock worth $448,000 after acquiring an additional 215 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its stake in Unilever by 1.1% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 19,932 shares of the company’s stock valued at $985,000 after purchasing an additional 221 shares during the last quarter. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Price Performance

NYSE UL opened at $50.13 on Thursday. Unilever PLC has a twelve month low of $46.16 and a twelve month high of $55.99. The company’s 50-day simple moving average is $49.32 and its 200 day simple moving average is $48.74.

Unilever Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, February 23rd were given a dividend of $0.4582 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.83 annualized dividend and a dividend yield of 3.66%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on UL. Jefferies Financial Group lowered shares of Unilever from a “buy” rating to an “underperform” rating in a research report on Monday, December 11th. Morgan Stanley lowered Unilever from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $52.00 to $48.00 in a research note on Tuesday, February 27th. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a report on Wednesday, March 20th. Finally, Sanford C. Bernstein raised Unilever from an “underperform” rating to a “market perform” rating in a report on Monday, December 11th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $48.00.

About Unilever

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.