Pavion Blue Capital LLC Sells 515 Shares of Unilever PLC (NYSE:UL)

Pavion Blue Capital LLC decreased its stake in shares of Unilever PLC (NYSE:UL) by 1.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 45,240 shares of the company’s stock after selling 515 shares during the period. Unilever accounts for about 1.2% of Pavion Blue Capital LLC’s portfolio, making the stock its 26th largest holding. Pavion Blue Capital LLC’s holdings in Unilever were worth $2,565,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Creative Financial Designs Inc. ADV increased its position in Unilever by 7.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock valued at $181,000 after acquiring an additional 181 shares during the period. Timber Creek Capital Management LLC increased its position in Unilever by 0.5% in the 3rd quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock valued at $2,568,000 after acquiring an additional 182 shares during the period. Farmers & Merchants Investments Inc. increased its position in Unilever by 3.4% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company’s stock valued at $320,000 after acquiring an additional 185 shares during the period. Alhambra Investment Management LLC increased its position in Unilever by 4.2% in the 4th quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock valued at $260,000 after acquiring an additional 186 shares during the period. Finally, Phillips Wealth Planners LLC increased its position in Unilever by 2.2% in the 4th quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company’s stock valued at $495,000 after acquiring an additional 193 shares during the period. Institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

UL has been the subject of several recent research reports. DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Finally, Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.75.

Unilever Stock Up 1.1 %

Unilever stock opened at $56.14 on Friday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The firm’s fifty day moving average price is $56.79 and its two-hundred day moving average price is $60.09.

Unilever Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be paid a $0.4674 dividend. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Friday, February 28th.

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.