Unilever PLC (NYSE:UL) Shares Bought by Avalon Trust Co

Avalon Trust Co grew its stake in shares of Unilever PLC (NYSE:UL) by 166.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,600 shares of the company’s stock after acquiring an additional 1,000 shares during the quarter. Avalon Trust Co’s holdings in Unilever were worth $91,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of UL. Golden State Wealth Management LLC acquired a new stake in Unilever during the 4th quarter worth approximately $26,000. Financial Life Planners acquired a new stake in Unilever during the 4th quarter worth approximately $28,000. Roxbury Financial LLC acquired a new stake in Unilever during the 4th quarter worth approximately $30,000. Mainstream Capital Management LLC acquired a new stake in Unilever during the 4th quarter worth approximately $31,000. Finally, Brooklyn Investment Group acquired a new stake in Unilever during the 3rd quarter worth approximately $40,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on UL. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. DZ Bank upgraded Unilever from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Erste Group Bank restated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Finally, Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. 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 assigned a strong buy rating to the company. According to data from MarketBeat, Unilever has an average rating of “Moderate Buy” and a consensus price target of $66.33.

Unilever Trading Up 0.2 %

Unilever stock opened at $58.74 on Friday. The stock has a market cap of $145.75 billion, a P/E ratio of 16.83, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47. The stock has a 50 day moving average of $56.95 and a 200-day moving average of $59.69. 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 announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a dividend yield of 3.18%. The ex-dividend date of this dividend is Friday, February 28th. Unilever’s dividend payout ratio (DPR) 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.