HighPoint Advisor Group LLC Has $542,000 Stock Holdings in Unilever PLC (NYSE:UL)

HighPoint Advisor Group LLC decreased its stake in shares of Unilever PLC (NYSE:UL) by 48.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,202 shares of the company’s stock after selling 8,562 shares during the period. HighPoint Advisor Group LLC’s holdings in Unilever were worth $542,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Pinion Investment Advisors LLC boosted its position in shares of Unilever by 2.0% in the fourth quarter. Pinion Investment Advisors LLC now owns 9,250 shares of the company’s stock valued at $524,000 after acquiring an additional 177 shares during the period. Tyler Stone Wealth Management boosted its holdings in Unilever by 2.8% in the 4th quarter. Tyler Stone Wealth Management now owns 6,576 shares of the company’s stock valued at $373,000 after purchasing an additional 180 shares during the period. Ausdal Financial Partners Inc. grew its position in shares of Unilever by 1.9% during the 4th quarter. Ausdal Financial Partners Inc. now owns 9,956 shares of the company’s stock worth $565,000 after purchasing an additional 181 shares in the last quarter. Farmers & Merchants Investments Inc. increased its holdings in shares of Unilever by 3.4% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company’s stock worth $320,000 after purchasing an additional 185 shares during the period. Finally, Creative Financial Designs Inc. ADV raised its position in shares of Unilever by 6.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,966 shares of the company’s stock valued at $168,000 after buying an additional 185 shares in the last quarter. 9.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. DZ Bank upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Finally, Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $66.33.

Unilever Trading Up 0.5 %

Shares of Unilever stock opened at $59.89 on Thursday. The firm’s 50 day moving average is $57.82 and its 200 day moving average is $59.14. The firm has a market capitalization of $148.36 billion, a PE ratio of 17.16, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 28th were issued a dividend of $0.4674 per share. The ex-dividend date was Friday, February 28th. This represents a $1.87 annualized dividend and a dividend yield of 3.12%. Unilever’s dividend payout ratio (DPR) is presently 53.01%.

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.