13,816 Shares in Unilever PLC (NYSE:UL) Acquired by Potentia Wealth

Potentia Wealth bought a new position in shares of Unilever PLC (NYSE:UL) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 13,816 shares of the company’s stock, valued at approximately $783,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UL. Golden State Wealth Management LLC purchased a new position in shares of Unilever in the fourth quarter valued at $26,000. Financial Life Planners purchased a new stake in shares of Unilever during the fourth quarter worth about $28,000. VSM Wealth Advisory LLC acquired a new position in shares of Unilever in the fourth quarter worth about $28,000. Roxbury Financial LLC purchased a new position in Unilever in the fourth quarter valued at about $30,000. Finally, Mainstream Capital Management LLC acquired a new stake in Unilever during the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Down 0.8 %

Shares of NYSE UL opened at $58.16 on Tuesday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The company has a market cap of $144.08 billion, a price-to-earnings ratio of 16.67, a P/E/G ratio of 1.60 and a beta of 0.47. The business has a fifty day simple moving average of $57.34 and a 200-day simple moving average of $59.40.

Unilever Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be issued a $0.4674 dividend. This represents a $1.87 annualized dividend and a dividend yield of 3.21%. The ex-dividend date is Friday, February 28th. Unilever’s payout ratio is 53.01%.

Analyst Upgrades and Downgrades

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