Sivia Capital Partners LLC Lowers Stock Holdings in Unilever PLC (NYSE:UL)

Sivia Capital Partners LLC decreased its holdings in Unilever PLC (NYSE:UL) by 6.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,870 shares of the company’s stock after selling 564 shares during the period. Sivia Capital Partners LLC’s holdings in Unilever were worth $446,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Abich Financial Wealth Management LLC grew its position in Unilever by 393.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock worth $29,000 after acquiring an additional 425 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Unilever in the 3rd quarter worth approximately $35,000. Jamison Private Wealth Management Inc. increased its position in shares of Unilever by 202.5% during the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after buying an additional 405 shares during the period. Brooklyn Investment Group bought a new stake in Unilever in the third quarter worth $40,000. Finally, Coastline Trust Co bought a new stake in shares of Unilever during the 3rd quarter valued at $48,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Erste Group Bank reiterated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $61.75.

Unilever Price Performance

Shares of Unilever stock traded down $0.14 during midday trading on Monday, hitting $54.99. 1,425,631 shares of the company were exchanged, compared to its average volume of 2,100,464. The firm has a 50 day simple moving average of $58.13 and a 200-day simple moving average of $60.35. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The firm has a market cap of $136.26 billion, a P/E ratio of 16.56, a PEG ratio of 1.80 and a beta of 0.49.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 8th were paid a $0.4755 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a yield of 3.46%. This is a positive change from Unilever’s previous quarterly dividend of $0.35. Unilever’s payout ratio is currently 56.63%.

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.