Wynn Capital LLC Acquires Shares of 16,320 Unilever PLC (NYSE:UL)

Wynn Capital LLC acquired a new stake in shares of Unilever PLC (NYSE:UL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,320 shares of the company’s stock, valued at approximately $791,000.

Several other institutional investors have also bought and sold shares of the business. Barrett & Company Inc. lifted its position in Unilever by 51.5% during the third quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock valued at $30,000 after purchasing an additional 206 shares during the last quarter. Sage Rhino Capital LLC lifted its position in Unilever by 2.4% during the third quarter. Sage Rhino Capital LLC now owns 9,066 shares of the company’s stock valued at $448,000 after purchasing an additional 215 shares during the last quarter. Marino Stram & Associates LLC lifted its position in Unilever by 2.2% during the fourth quarter. Marino Stram & Associates LLC now owns 9,963 shares of the company’s stock valued at $483,000 after purchasing an additional 215 shares during the last quarter. Pine Haven Investment Counsel Inc lifted its holdings in shares of Unilever by 3.7% in the 4th quarter. Pine Haven Investment Counsel Inc now owns 6,133 shares of the company’s stock worth $297,000 after acquiring an additional 216 shares during the last quarter. Finally, Baystate Wealth Management LLC lifted its holdings in shares of Unilever by 29.9% in the 4th quarter. Baystate Wealth Management LLC now owns 948 shares of the company’s stock worth $46,000 after acquiring an additional 218 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on UL shares. Morgan Stanley lowered shares of Unilever from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $52.00 to $48.00 in a report on Tuesday, February 27th. StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday. Three analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $48.00.

Unilever Trading Up 0.2 %

UL stock traded up $0.10 during trading on Wednesday, hitting $48.08. The company had a trading volume of 2,963,756 shares, compared to its average volume of 2,822,635. Unilever PLC has a 52-week low of $46.16 and a 52-week high of $55.99. The company has a 50 day simple moving average of $49.12 and a 200-day simple moving average of $48.52.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, February 23rd were paid a $0.4582 dividend. This represents a $1.83 annualized dividend and a yield of 3.81%. The ex-dividend date of this dividend was Thursday, February 22nd.

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.