Sequoia Financial Advisors LLC Sells 391 Shares of Unilever PLC (NYSE:UL)

Sequoia Financial Advisors LLC trimmed its holdings in shares of Unilever PLC (NYSE:UL) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,173 shares of the company’s stock after selling 391 shares during the period. Sequoia Financial Advisors LLC’s holdings in Unilever were worth $1,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in Unilever during the fourth quarter valued at about $26,000. Financial Life Planners acquired a new stake in Unilever in the fourth quarter valued at approximately $28,000. Roxbury Financial LLC purchased a new position in Unilever in the fourth quarter worth $30,000. Mainstream Capital Management LLC acquired a new position in shares of Unilever during the fourth quarter worth $31,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Unilever during the 4th quarter valued at $36,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Unilever presently has a consensus rating of “Moderate Buy” and an average price target of $66.33.

Unilever Price Performance

Shares of Unilever stock opened at $58.74 on Friday. The stock has a market cap of $145.75 billion, a PE ratio of 16.83, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47. The firm has a fifty day moving average price of $56.95 and a 200 day moving average price of $59.69. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be issued a $0.4674 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.87 annualized dividend and a dividend yield of 3.18%. Unilever’s dividend payout ratio (DPR) is presently 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.