Unilever PLC (NYSE:UL) Shares Sold by Fiduciary Management Inc. WI

Fiduciary Management Inc. WI cut its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,636,325 shares of the company's stock after selling 154,958 shares during the quarter. Unilever comprises 1.9% of Fiduciary Management Inc. WI's investment portfolio, making the stock its 16th biggest position. Fiduciary Management Inc. WI owned about 0.15% of Unilever worth $206,180,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Golden State Wealth Management LLC acquired a new stake in shares of Unilever during the 4th quarter worth approximately $26,000. Financial Life Planners purchased a new stake in Unilever in the fourth quarter valued at $28,000. VSM Wealth Advisory LLC acquired a new position in shares of Unilever in the 4th quarter valued at $28,000. Roxbury Financial LLC purchased a new position in shares of Unilever during the 4th quarter worth $30,000. Finally, Mainstream Capital Management LLC acquired a new stake in shares of Unilever during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Price Performance

Shares of UL stock traded down $0.54 during trading on Thursday, reaching $63.68. The company's stock had a trading volume of 1,558,302 shares, compared to its average volume of 2,924,229. Unilever PLC has a 1-year low of $50.28 and a 1-year high of $65.87. The stock's 50-day moving average price is $59.14 and its 200 day moving average price is $58.85. The company has a market capitalization of $157.05 billion, a price-to-earnings ratio of 18.25, a P/E/G ratio of 1.60 and a beta of 0.42.

Unilever Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were issued a $0.4674 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 2.94%. Unilever's dividend payout ratio (DPR) is presently 53.01%.

Analyst Ratings Changes

A number of research firms have commented on UL. Sanford C. Bernstein raised shares of Unilever from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. DZ Bank upgraded shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. StockNews.com downgraded shares of Unilever from a "buy" rating to a "hold" rating in a report on Friday, April 18th. 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, two have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $66.33.

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.