Unilever PLC (NYSE:UL) Shares Sold by Tweedy Browne Co LLC

Tweedy Browne Co LLC reduced its position in shares of Unilever PLC (NYSE:UL) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,803 shares of the company’s stock after selling 1,471 shares during the period. Unilever makes up approximately 0.3% of Tweedy Browne Co LLC’s portfolio, making the stock its 28th largest position. Tweedy Browne Co LLC’s holdings in Unilever were worth $3,901,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in UL. Golden State Wealth Management LLC acquired 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 in the fourth quarter valued at $28,000. VSM Wealth Advisory LLC purchased a new stake in shares of Unilever during the 4th quarter worth $28,000. Roxbury Financial LLC acquired a new position in shares of Unilever during the 4th quarter worth $30,000. Finally, Mainstream Capital Management LLC purchased a new position in Unilever in the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

UL has been the subject of a number of research analyst reports. DZ Bank upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Finally, Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report 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 issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.33.

Unilever Price Performance

UL opened at $59.58 on Tuesday. The stock has a market capitalization of $147.59 billion, a price-to-earnings ratio of 17.07, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The business has a 50-day moving average of $57.69 and a two-hundred day moving average of $59.17.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were given a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend was Friday, February 28th. Unilever’s dividend payout ratio (DPR) is 53.01%.

Unilever 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.