Unilever PLC (NYSE:UL) Holdings Lifted by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its position in Unilever PLC (NYSE:UL) by 7.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 112,789 shares of the company’s stock after purchasing an additional 8,279 shares during the quarter. Sanctuary Advisors LLC’s holdings in Unilever were worth $6,576,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Golden State Wealth Management LLC bought a new stake in Unilever during the 4th quarter valued at $26,000. Financial Life Planners acquired a new position in shares of Unilever during the fourth quarter valued at $28,000. Roxbury Financial LLC bought a new stake in shares of Unilever during the fourth quarter valued at about $30,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Unilever during the third quarter valued at about $35,000. Finally, Brooklyn Investment Group acquired a new stake in Unilever in the third quarter worth about $40,000. Institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a report on Tuesday. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Finally, Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Price Performance

UL opened at $55.65 on Thursday. The business has a fifty day simple moving average of $56.91 and a 200-day simple moving average of $60.16. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a $0.4674 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 3.36%.

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.