Avior Wealth Management LLC Sells 10,199 Shares of Unilever PLC (NYSE:UL)

Avior Wealth Management LLC lowered its stake in Unilever PLC (NYSE:UL - Free Report) by 93.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 731 shares of the company's stock after selling 10,199 shares during the period. Avior Wealth Management LLC's holdings in Unilever were worth $44,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mission Wealth Management LP grew its position in shares of Unilever by 1.4% in the first quarter. Mission Wealth Management LP now owns 11,497 shares of the company's stock valued at $685,000 after purchasing an additional 159 shares during the last quarter. Cardinal Capital Management grew its holdings in Unilever by 0.4% in the 1st quarter. Cardinal Capital Management now owns 39,953 shares of the company's stock valued at $2,379,000 after buying an additional 176 shares in the last quarter. Pinion Investment Advisors LLC increased its position in Unilever by 2.0% during the 4th quarter. Pinion Investment Advisors LLC now owns 9,250 shares of the company's stock worth $524,000 after buying an additional 177 shares during the period. Tyler Stone Wealth Management lifted its holdings in shares of Unilever by 2.8% during the fourth quarter. Tyler Stone Wealth Management now owns 6,576 shares of the company's stock worth $373,000 after buying an additional 180 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its position in shares of Unilever by 1.9% in the fourth quarter. Ausdal Financial Partners Inc. now owns 9,956 shares of the company's stock valued at $565,000 after acquiring an additional 181 shares during the period. Institutional investors and hedge funds own 9.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. UBS Group upgraded shares of Unilever from a "strong sell" rating to a "hold" rating in a research note on Friday, May 2nd. Wall Street Zen downgraded shares of Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. BNP Paribas raised Unilever to a "strong-buy" rating in a research report on Thursday, May 29th. Finally, BNP Paribas Exane began coverage on Unilever in a research note on Thursday, May 29th. They set an "outperform" rating and a $73.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $70.67.

Unilever Price Performance

NYSE:UL traded up $0.02 during mid-day trading on Tuesday, reaching $62.37. The stock had a trading volume of 4,008,495 shares, compared to its average volume of 2,485,556. Unilever PLC has a 12 month low of $54.32 and a 12 month high of $65.87. The stock has a market capitalization of $153.08 billion, a PE ratio of 17.87, a P/E/G ratio of 3.47 and a beta of 0.43. The stock has a 50-day simple moving average of $62.99 and a two-hundred day simple moving average of $59.58.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 16th were paid a $0.5151 dividend. This is a positive change from Unilever's previous quarterly dividend of $0.47. The ex-dividend date was Friday, May 16th. This represents a $2.06 annualized dividend and a dividend yield of 3.30%. Unilever's dividend payout ratio (DPR) is presently 59.03%.

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.