Bryn Mawr Capital Management LLC Has $328,000 Holdings in Unilever PLC (NYSE:UL)

Bryn Mawr Capital Management LLC lessened its holdings in shares of Unilever PLC (NYSE:UL) by 33.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,793 shares of the company’s stock after selling 2,937 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Unilever were worth $328,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Todd Asset Management LLC lifted its holdings in Unilever by 18.8% in the fourth quarter. Todd Asset Management LLC now owns 96,299 shares of the company’s stock valued at $5,460,000 after buying an additional 15,208 shares during the period. Bank of New York Mellon Corp lifted its holdings in Unilever by 4.2% in the fourth quarter. Bank of New York Mellon Corp now owns 701,859 shares of the company’s stock valued at $39,795,000 after buying an additional 28,227 shares during the period. Edge Capital Group LLC lifted its holdings in Unilever by 3,569.2% in the fourth quarter. Edge Capital Group LLC now owns 152,932 shares of the company’s stock valued at $8,671,000 after buying an additional 148,764 shares during the period. IFP Advisors Inc lifted its holdings in Unilever by 833.4% in the fourth quarter. IFP Advisors Inc now owns 47,726 shares of the company’s stock valued at $2,706,000 after buying an additional 42,613 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in Unilever in the fourth quarter valued at $816,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Price Performance

NYSE:UL opened at $56.46 on Friday. The firm has a 50-day moving average of $56.60 and a 200-day moving average of $59.96. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

Unilever Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be given a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a dividend yield of 3.31%. The ex-dividend date is Friday, February 28th.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday. DZ Bank raised shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.33.

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.