Legacy Capital Wealth Partners LLC Purchases 3,243 Shares of Unilever PLC (NYSE:UL)

Legacy Capital Wealth Partners LLC lifted its position in shares of Unilever PLC (NYSE:UL) by 26.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,737 shares of the company’s stock after purchasing an additional 3,243 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in Unilever were worth $892,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Stonegate Investment Group LLC boosted its position in shares of Unilever by 155.2% during the fourth quarter. Stonegate Investment Group LLC now owns 8,415 shares of the company’s stock valued at $477,000 after purchasing an additional 5,117 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Unilever by 16.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock valued at $7,180,000 after purchasing an additional 15,941 shares in the last quarter. Verition Fund Management LLC bought a new stake in shares of Unilever during the third quarter valued at approximately $11,694,000. WCM Investment Management LLC boosted its position in shares of Unilever by 236.2% during the third quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock valued at $1,997,000 after purchasing an additional 21,441 shares in the last quarter. Finally, Radnor Capital Management LLC bought a new stake in shares of Unilever during the third quarter valued at approximately $1,388,000. 9.67% of the stock is currently owned by institutional investors.

Unilever Stock Performance

UL stock opened at $54.89 on Friday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The business has a fifty day moving average price of $57.13 and a 200-day moving average price of $60.30.

Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a $0.4674 dividend. This represents a $1.87 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Friday, February 28th.

Analyst Ratings Changes

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

Unilever 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.