Courier Capital LLC Has $3.18 Million Stake in Unilever PLC (NYSE:UL)

Courier Capital LLC trimmed its holdings in shares of Unilever PLC (NYSE:UL) by 3.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,565 shares of the company’s stock after selling 2,462 shares during the quarter. Courier Capital LLC’s holdings in Unilever were worth $3,179,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of UL. Allianz Asset Management GmbH increased its position in Unilever by 43.5% during the first quarter. Allianz Asset Management GmbH now owns 26,032 shares of the company’s stock worth $1,186,000 after buying an additional 7,895 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Unilever by 4.2% during the first quarter. Cetera Investment Advisers now owns 48,220 shares of the company’s stock valued at $2,197,000 after acquiring an additional 1,963 shares during the period. Candriam Luxembourg S.C.A. boosted its holdings in Unilever by 40.5% during the first quarter. Candriam Luxembourg S.C.A. now owns 41,294 shares of the company’s stock valued at $1,881,000 after acquiring an additional 11,905 shares during the period. Baird Financial Group Inc. boosted its holdings in Unilever by 10.7% during the first quarter. Baird Financial Group Inc. now owns 127,034 shares of the company’s stock valued at $5,788,000 after acquiring an additional 12,302 shares during the period. Finally, Covestor Ltd boosted its holdings in Unilever by 204.6% during the first quarter. Covestor Ltd now owns 667 shares of the company’s stock valued at $30,000 after acquiring an additional 448 shares during the period. 9.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on UL. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Wednesday, March 20th. Jefferies Financial Group cut shares of Unilever from a “buy” rating to an “underperform” rating in a report on Monday, December 11th. Morgan Stanley cut shares of Unilever from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $52.00 to $48.00 in a research note on Tuesday, February 27th. Finally, Sanford C. Bernstein upgraded shares of Unilever from an “underperform” rating to a “market perform” rating in a research note on Monday, December 11th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $48.00.

Unilever Trading Up 1.0 %

NYSE UL opened at $50.13 on Thursday. The firm has a 50-day simple moving average of $49.32 and a 200 day simple moving average of $48.74. Unilever PLC has a twelve month low of $46.16 and a twelve month high of $55.99.

Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, February 23rd were paid a dividend of $0.4582 per share. This represents a $1.83 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend was Thursday, February 22nd.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.