Duality Advisers LP Takes Position in Unilever PLC (NYSE:UL)

Duality Advisers LP purchased a new stake in Unilever PLC (NYSE:UL - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 136,714 shares of the company's stock, valued at approximately $6,628,000. Unilever accounts for 0.7% of Duality Advisers LP's portfolio, making the stock its 7th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fortis Capital Advisors LLC acquired a new stake in shares of Unilever in the 4th quarter worth $26,000. Jones Financial Companies Lllp boosted its position in shares of Unilever by 111.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 552 shares of the company's stock worth $27,000 after purchasing an additional 291 shares in the last quarter. Life Planning Partners Inc acquired a new stake in shares of Unilever in the 4th quarter worth $27,000. VisionPoint Advisory Group LLC lifted its position in Unilever by 215.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company's stock worth $29,000 after acquiring an additional 400 shares during the period. Finally, Barrett & Company Inc. lifted its position in Unilever by 51.5% during the 3rd quarter. Barrett & Company Inc. now owns 606 shares of the company's stock worth $30,000 after acquiring an additional 206 shares during the period. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on UL shares. StockNews.com raised Unilever from a "hold" rating to a "buy" rating in a report on Saturday, April 13th. Morgan Stanley lowered Unilever from an "equal weight" rating to an "underweight" rating and cut their price target for the company from $52.00 to $48.00 in a research note on Tuesday, February 27th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, Unilever has a consensus rating of "Hold" and a consensus target price of $48.00.

Unilever Stock Up 1.0 %

Shares of Unilever stock traded up $0.46 during trading hours on Friday, reaching $47.31. 4,973,014 shares of the company were exchanged, compared to its average volume of 2,692,584. Unilever PLC has a 1 year low of $46.16 and a 1 year high of $55.99. The stock's fifty day moving average is $49.21 and its 200 day moving average is $48.53.

Unilever Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, February 23rd were issued a dividend of $0.4582 per share. This represents a $1.83 annualized dividend and a dividend yield of 3.87%. The ex-dividend date was Thursday, February 22nd.

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.

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