InTrack Investment Management Inc Trims Position in Unilever PLC (NYSE:UL)

InTrack Investment Management Inc trimmed its position in Unilever PLC (NYSE:UL) by 18.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,282 shares of the company’s stock after selling 2,741 shares during the quarter. InTrack Investment Management Inc’s holdings in Unilever were worth $672,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of UL. Axxcess Wealth Management LLC bought a new stake in Unilever during the second quarter valued at $454,000. Bradley Foster & Sargent Inc. CT raised its holdings in shares of Unilever by 35.1% in the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 8,420 shares of the company’s stock valued at $463,000 after acquiring an additional 2,189 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of Unilever by 14.3% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 164,607 shares of the company’s stock valued at $9,052,000 after acquiring an additional 20,643 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Unilever by 20.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 63,106 shares of the company’s stock worth $3,445,000 after purchasing an additional 10,512 shares in the last quarter. Finally, WCG Wealth Advisors LLC increased its position in shares of Unilever by 13.0% in the second quarter. WCG Wealth Advisors LLC now owns 35,506 shares of the company’s stock worth $1,953,000 after purchasing an additional 4,088 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors.

Unilever Trading Up 0.4 %

Shares of NYSE:UL opened at $55.68 on Friday. The company’s fifty day moving average is $57.69 and its 200 day moving average is $60.27. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87.

Unilever Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were issued a $0.4755 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.90 annualized dividend and a dividend yield of 3.42%. This is an increase from Unilever’s previous quarterly dividend of $0.35.

Analyst Ratings Changes

Several brokerages have issued reports on UL. StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $61.75.

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.