Unilever PLC (NYSE:UL) Shares Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. boosted its position in shares of Unilever PLC (NYSE:UL) by 15.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,754 shares of the company’s stock after acquiring an additional 2,543 shares during the quarter. Fox Run Management L.L.C.’s holdings in Unilever were worth $1,063,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analysts Set New Price Targets

UL has been the subject of several recent research reports. DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Finally, Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $66.33.

Unilever Trading Down 1.0 %

Shares of UL opened at $58.64 on Friday. The stock’s 50 day moving average is $57.28 and its two-hundred day moving average is $59.49. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87. The firm has a market capitalization of $145.50 billion, a PE ratio of 16.80, a P/E/G ratio of 1.60 and a beta of 0.47.

Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a $0.4674 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.19%. Unilever’s dividend payout ratio (DPR) is presently 53.01%.

Unilever Company 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.