Forvis Mazars Wealth Advisors LLC Sells 185 Shares of Unilever PLC (NYSE:UL)

Forvis Mazars Wealth Advisors LLC lessened its position in Unilever PLC (NYSE:UL) by 4.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,146 shares of the company’s stock after selling 185 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Unilever were worth $235,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in UL. Golden State Wealth Management LLC bought a new stake in Unilever in the 4th quarter worth $26,000. Financial Life Planners bought a new stake in Unilever in the 4th quarter worth $28,000. Roxbury Financial LLC bought a new stake in shares of Unilever during the 4th quarter valued at about $30,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Unilever during the 3rd quarter valued at about $35,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of Unilever during the 4th quarter valued at about $36,000. Institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

Shares of NYSE UL opened at $56.30 on Tuesday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The firm has a 50-day moving average of $56.73 and a 200 day moving average of $60.04.

Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be given a dividend of $0.4674 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 3.32%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. 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 shares of Unilever from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. DZ Bank raised shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday. 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. Three investment analysts have rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $61.75.

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.