Unilever PLC $UL Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC cut its stake in Unilever PLC (NYSE:UL) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,502 shares of the company’s stock after selling 8,282 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Unilever were worth $3,761,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in UL. Fulton Bank N.A. grew its holdings in Unilever by 204.3% during the fourth quarter. Fulton Bank N.A. now owns 23,806 shares of the company’s stock worth $1,557,000 after acquiring an additional 15,982 shares during the period. Traveka Wealth LLC lifted its holdings in Unilever by 5.3% in the 4th quarter. Traveka Wealth LLC now owns 5,203 shares of the company’s stock valued at $340,000 after acquiring an additional 263 shares during the last quarter. M. Kulyk & Associates LLC boosted its position in shares of Unilever by 3.0% during the 4th quarter. M. Kulyk & Associates LLC now owns 181,473 shares of the company’s stock valued at $11,868,000 after purchasing an additional 5,303 shares in the last quarter. Value Partners Investments Inc. boosted its position in shares of Unilever by 8.5% during the 4th quarter. Value Partners Investments Inc. now owns 19,917 shares of the company’s stock valued at $1,304,000 after purchasing an additional 1,554 shares in the last quarter. Finally, Aventura Private Wealth LLC acquired a new position in shares of Unilever in the 4th quarter worth approximately $40,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Unilever from a “buy” rating to a “hold” rating in a report on Monday, February 9th. Kepler Capital Markets cut Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. DZ Bank downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Morgan Stanley set a $60.10 price objective on Unilever and gave the stock an “overweight” rating in a research note on Monday, December 15th. Finally, Argus upgraded Unilever to a “strong-buy” rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $65.55.

Unilever Price Performance

Unilever stock opened at $61.10 on Tuesday. Unilever PLC has a fifty-two week low of $61.07 and a fifty-two week high of $74.97. The firm’s 50 day simple moving average is $68.45 and its 200-day simple moving average is $67.72.

Unilever (NYSE:UL) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $1.75 by ($1.00). The company had revenue of $11.87 billion for the quarter, compared to analyst estimates of $31.39 billion. On average, analysts forecast that Unilever PLC will post 3.27 EPS for the current year.

Unilever Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.5547 per share. This represents a $2.22 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, February 27th.

About Unilever

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.