Disciplined Equity Management Inc. Takes $73,000 Position in Unilever PLC (NYSE:UL)

Disciplined Equity Management Inc. bought a new position in Unilever PLC (NYSE:UL) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,500 shares of the company’s stock, valued at approximately $73,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barrett & Company Inc. boosted its holdings in shares of Unilever by 51.5% in the 3rd quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock valued at $30,000 after acquiring an additional 206 shares during the last quarter. Sage Rhino Capital LLC grew its position in Unilever by 2.4% during the 3rd quarter. Sage Rhino Capital LLC now owns 9,066 shares of the company’s stock worth $448,000 after purchasing an additional 215 shares during the period. Marino Stram & Associates LLC grew its position in Unilever by 2.2% during the 4th quarter. Marino Stram & Associates LLC now owns 9,963 shares of the company’s stock worth $483,000 after purchasing an additional 215 shares during the period. Pine Haven Investment Counsel Inc raised its stake in shares of Unilever by 3.7% during the 4th quarter. Pine Haven Investment Counsel Inc now owns 6,133 shares of the company’s stock valued at $297,000 after buying an additional 216 shares during the last quarter. Finally, Baystate Wealth Management LLC lifted its holdings in shares of Unilever by 29.9% in the 4th quarter. Baystate Wealth Management LLC now owns 948 shares of the company’s stock valued at $46,000 after buying an additional 218 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the company. Morgan Stanley lowered Unilever from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $52.00 to $48.00 in a report on Tuesday, February 27th. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Unilever presently has an average rating of “Hold” and a consensus target price of $48.00.

Unilever Stock Performance

NYSE UL traded up $0.10 on Wednesday, reaching $48.08. 2,963,756 shares of the company were exchanged, compared to its average volume of 2,822,635. Unilever PLC has a fifty-two week low of $46.16 and a fifty-two week high of $55.99. The business’s fifty day moving average price is $49.08 and its 200 day moving average price is $48.52.

Unilever Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, February 23rd were given a $0.4582 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $1.83 annualized dividend and a yield of 3.81%.

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.