Dorsey & Whitney Trust CO LLC Acquires 386 Shares of Unilever PLC (NYSE:UL)

Dorsey & Whitney Trust CO LLC raised its holdings in Unilever PLC (NYSE:UL) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,872 shares of the company’s stock after buying an additional 386 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Unilever were worth $1,297,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of UL. Golden State Wealth Management LLC bought a new stake in Unilever in the 4th quarter valued at $26,000. Financial Life Planners bought a new stake in shares of Unilever in the 4th quarter worth about $28,000. Roxbury Financial LLC bought a new stake in shares of Unilever in the 4th quarter worth about $30,000. Mainstream Capital Management LLC bought a new stake in shares of Unilever in the 4th quarter worth about $31,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of Unilever in the 4th quarter worth about $36,000. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Up 1.7 %

Shares of NYSE:UL opened at $59.24 on Friday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The company’s 50-day moving average price is $56.69 and its two-hundred day moving average price is $59.83. The firm has a market cap of $146.99 billion, a P/E ratio of 16.97, a P/E/G ratio of 1.60 and a beta of 0.47.

Unilever Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a dividend of $0.4674 per share. The ex-dividend date is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 3.16%. Unilever’s payout ratio is presently 53.01%.

Analysts Set New Price Targets

UL has been the topic of several analyst reports. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. DZ Bank raised shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Finally, StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $66.33.

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.