Fielder Capital Group LLC Purchases 400 Shares of Unilever PLC (NYSE:UL)

Fielder Capital Group LLC raised its holdings in shares of Unilever PLC (NYSE:UL) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,921 shares of the company’s stock after purchasing an additional 400 shares during the period. Fielder Capital Group LLC’s holdings in Unilever were worth $336,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of UL. Jennison Associates LLC increased its holdings in Unilever by 981.6% in the third quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock valued at $134,868,000 after purchasing an additional 1,884,216 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Unilever by 7.1% during the 3rd quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock worth $1,086,547,000 after buying an additional 1,114,177 shares during the period. Citigroup Inc. increased its stake in shares of Unilever by 493.4% in the 3rd quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock valued at $71,785,000 after acquiring an additional 918,841 shares during the last quarter. Icon Wealth Advisors LLC raised its position in shares of Unilever by 7,466.0% in the 3rd quarter. Icon Wealth Advisors LLC now owns 629,569 shares of the company’s stock valued at $40,897,000 after acquiring an additional 621,248 shares during the period. Finally, Proficio Capital Partners LLC bought a new position in Unilever during the 4th quarter worth approximately $11,895,000. Institutional investors own 9.67% of the company’s stock.

Unilever Trading Up 0.8 %

NYSE:UL opened at $56.46 on Friday. The stock has a 50-day simple moving average of $56.60 and a 200 day simple moving average of $59.96. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

Unilever Cuts Dividend

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

Analysts Set New Price Targets

Several equities research analysts have commented on UL shares. 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. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Finally, DZ Bank raised Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Unilever currently has an average rating of “Moderate Buy” and a consensus target price of $66.33.

About Unilever

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.