Unilever PLC (NYSE:UL) Shares Sold by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. lessened its holdings in shares of Unilever PLC (NYSE:UL) by 6.1% during the 4th quarter, Holdings Channel reports. The firm owned 10,106 shares of the company’s stock after selling 657 shares during the period. Roman Butler Fullerton & Co.’s holdings in Unilever were worth $489,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Fortis Capital Advisors LLC purchased a new stake in shares of Unilever during the fourth quarter worth approximately $26,000. Jones Financial Companies Lllp increased its stake in shares of Unilever by 111.5% during the third quarter. Jones Financial Companies Lllp now owns 552 shares of the company’s stock worth $27,000 after buying an additional 291 shares during the period. Life Planning Partners Inc purchased a new stake in shares of Unilever during the fourth quarter worth approximately $27,000. VisionPoint Advisory Group LLC increased its stake in shares of Unilever by 215.1% during the third quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock worth $29,000 after buying an additional 400 shares during the period. Finally, Barrett & Company Inc. increased its stake 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 period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of UL opened at $46.85 on Friday. The company’s 50 day simple moving average is $49.28 and its 200-day simple moving average is $48.54. Unilever PLC has a 12-month low of $46.16 and a 12-month high of $55.99.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, February 23rd were issued a dividend of $0.4582 per share. This represents a $1.83 annualized dividend and a dividend yield of 3.91%. The ex-dividend date was Thursday, February 22nd.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on UL shares. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Saturday, April 13th. Morgan Stanley lowered shares of Unilever from an “equal weight” rating to an “underweight” rating and cut their target price for the stock from $52.00 to $48.00 in a research note on Tuesday, February 27th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $48.00.

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.