Headlands Technologies LLC Has $1.82 Million Holdings in Unilever PLC (NYSE:UL)

Headlands Technologies LLC lifted its stake in Unilever PLC (NYSE:UL - Free Report) by 456.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 37,431 shares of the company's stock after purchasing an additional 30,707 shares during the quarter. Headlands Technologies LLC's holdings in Unilever were worth $1,815,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Life Planning Partners Inc purchased a new position in shares of Unilever in the 4th quarter valued at approximately $27,000. Jones Financial Companies Lllp raised its position in Unilever by 111.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 552 shares of the company's stock worth $27,000 after buying an additional 291 shares during the last quarter. VisionPoint Advisory Group LLC raised 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 buying an additional 400 shares during the last quarter. Barrett & Company Inc. raised 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 buying an additional 206 shares during the last quarter. Finally, Evolution Advisers Inc. purchased a new position in Unilever during the 4th quarter worth approximately $34,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Trading Up 0.6 %

UL stock traded up $0.32 during midday trading on Friday, reaching $51.24. The stock had a trading volume of 4,278,463 shares, compared to its average volume of 3,049,528. The company's fifty day simple moving average is $49.11 and its 200 day simple moving average is $48.56. Unilever PLC has a 52-week low of $46.16 and a 52-week high of $55.99.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be issued a dividend of $0.4556 per share. The ex-dividend date is Thursday, May 16th. This represents a $1.82 annualized dividend and a dividend yield of 3.56%.

Wall Street Analysts Forecast Growth

UL has been the topic of a number of analyst reports. Morgan Stanley cut shares of Unilever from an "equal weight" rating to an "underweight" rating and dropped their price objective for the stock from $52.00 to $48.00 in a research note on Tuesday, February 27th. StockNews.com cut shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, April 23rd. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, Unilever presently has an average rating of "Hold" and a consensus target price of $48.00.

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.