Signaturefd LLC Reduces Stake in Unilever PLC (NYSE:UL)

Signaturefd LLC cut its stake in shares of Unilever PLC (NYSE:UL) by 4.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,182 shares of the company’s stock after selling 1,402 shares during the period. Signaturefd LLC’s holdings in Unilever were worth $1,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Fortis Capital Advisors LLC bought a new position in Unilever during the 4th quarter valued at about $26,000. Jones Financial Companies Lllp raised its holdings in shares of Unilever by 111.5% in the third quarter. Jones Financial Companies Lllp now owns 552 shares of the company’s stock worth $27,000 after buying an additional 291 shares during the period. Life Planning Partners Inc bought a new stake in shares of Unilever during the 4th quarter worth approximately $27,000. VisionPoint Advisory Group LLC grew its position in Unilever by 215.1% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock valued at $29,000 after acquiring an additional 400 shares during the last quarter. Finally, Barrett & Company Inc. grew its holdings in shares of Unilever by 51.5% in the third quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock worth $30,000 after purchasing an additional 206 shares during the last quarter. 9.67% of the stock is owned by institutional investors.

Unilever Stock Performance

NYSE:UL opened at $47.31 on Monday. The firm has a 50-day simple moving average of $49.21 and a 200-day simple moving average of $48.53. Unilever PLC has a one year low of $46.16 and a one year high of $55.99.

Unilever Cuts Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend was Thursday, February 22nd.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on UL shares. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research note on Saturday, April 13th. Morgan Stanley downgraded Unilever from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $52.00 to $48.00 in a research report on Tuesday, February 27th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $48.00.

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.