Pacifica Partners Inc. Sells 1,225 Shares of Unilever PLC (NYSE:UL)

Pacifica Partners Inc. lessened its stake in shares of Unilever PLC (NYSE:UL) by 3.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 32,345 shares of the company’s stock after selling 1,225 shares during the period. Pacifica Partners Inc.’s holdings in Unilever were worth $1,828,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in UL. O Brien Greene & Co. Inc increased its stake in shares of Unilever by 2.7% in the second quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock worth $366,000 after purchasing an additional 174 shares during the period. Creative Financial Designs Inc. ADV grew 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 worth $181,000 after purchasing an additional 181 shares during the last quarter. Timber Creek Capital Management LLC increased its holdings in shares of Unilever by 0.5% during the 3rd quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock worth $2,568,000 after purchasing an additional 182 shares during the period. Good Life Advisors LLC raised its position in shares of Unilever by 4.5% during the third quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock valued at $295,000 after buying an additional 196 shares during the last quarter. Finally, Fiduciary Financial Group LLC lifted its stake in shares of Unilever by 4.3% in the third quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock valued at $307,000 after buying an additional 201 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on UL shares. Erste Group Bank restated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $61.75.

Unilever Price Performance

Shares of UL opened at $54.74 on Wednesday. The company has a market capitalization of $135.64 billion, a P/E ratio of 16.49, a PEG ratio of 1.80 and a beta of 0.49. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The business’s 50 day simple moving average is $57.86 and its 200-day simple moving average is $60.35.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were paid a $0.4755 dividend. The ex-dividend date was Friday, November 8th. This is a positive change from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.47%. Unilever’s dividend payout ratio (DPR) is 56.63%.

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.