20,354 Shares in Unilever PLC (NYSE:UL) Acquired by Callan Family Office LLC

Callan Family Office LLC purchased a new position in shares of Unilever PLC (NYSE:UL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,354 shares of the company’s stock, valued at approximately $1,154,000.

Other large investors also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new stake in Unilever during the 4th quarter worth approximately $26,000. Financial Life Planners purchased a new stake in Unilever during the fourth quarter worth approximately $28,000. Roxbury Financial LLC acquired a new stake in shares of Unilever in the fourth quarter worth $30,000. Mainstream Capital Management LLC purchased a new position in shares of Unilever in the 4th quarter valued at $31,000. Finally, Brooklyn Investment Group acquired a new position in shares of Unilever during the 3rd quarter valued at $40,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Up 1.7 %

UL stock opened at $59.24 on Friday. The stock’s 50 day moving average is $56.69 and its two-hundred day moving average is $59.83. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The company has a market capitalization of $146.99 billion, a PE ratio of 16.97, a P/E/G ratio of 1.60 and a beta of 0.47.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a $0.4674 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.16%. Unilever’s dividend payout ratio (DPR) is presently 53.01%.

Analyst Ratings Changes

Several brokerages recently issued reports on UL. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. DZ Bank upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Unilever presently has an average rating of “Moderate Buy” and a consensus target price of $66.33.

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.