FLC Capital Advisors Sells 463 Shares of Unilever PLC (NYSE:UL)

FLC Capital Advisors reduced its position in shares of Unilever PLC (NYSE:UL) by 3.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,299 shares of the company’s stock after selling 463 shares during the quarter. FLC Capital Advisors’ holdings in Unilever were worth $697,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. King Luther Capital Management Corp increased its holdings in Unilever by 3.1% in the 2nd quarter. King Luther Capital Management Corp now owns 7,461 shares of the company’s stock worth $410,000 after acquiring an additional 222 shares in the last quarter. Sei Investments Co. lifted its position in shares of Unilever by 5.9% in the second quarter. Sei Investments Co. now owns 251,012 shares of the company’s stock valued at $13,796,000 after acquiring an additional 13,927 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of Unilever by 4.1% during the second quarter. Thrivent Financial for Lutherans now owns 13,538 shares of the company’s stock worth $744,000 after purchasing an additional 536 shares in the last quarter. Summit Trail Advisors LLC grew its position in shares of Unilever by 161.4% during the second quarter. Summit Trail Advisors LLC now owns 14,937 shares of the company’s stock worth $821,000 after purchasing an additional 9,222 shares in the last quarter. Finally, Hancock Whitney Corp raised its stake in Unilever by 13.6% during the 2nd quarter. Hancock Whitney Corp now owns 5,055 shares of the company’s stock valued at $278,000 after purchasing an additional 606 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Finally, Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $61.75.

Unilever Trading Up 0.4 %

UL stock opened at $55.68 on Monday. The company has a fifty day simple moving average of $57.62 and a two-hundred day simple moving average of $60.32. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were issued a $0.4755 dividend. This is an increase from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date was Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.42%.

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.