Roman Butler Fullerton & Co. Has $453,000 Holdings in Unilever PLC (NYSE:UL)

Roman Butler Fullerton & Co. decreased its position in shares of Unilever PLC (NYSE:UL) by 16.0% in the fourth quarter, Holdings Channel reports. The fund owned 7,796 shares of the company’s stock after selling 1,485 shares during the period. Roman Butler Fullerton & Co.’s holdings in Unilever were worth $453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in Unilever during the 4th quarter worth $26,000. Financial Life Planners acquired a new position in Unilever during the 4th quarter worth $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Unilever during the 3rd quarter worth $35,000. Newbridge Financial Services Group Inc. acquired a new position in Unilever during the 4th quarter worth $36,000. Finally, Brooklyn Investment Group acquired a new position in Unilever during the 3rd quarter worth $40,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in 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 research report on Tuesday, November 19th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Finally, Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Unilever presently has a consensus rating of “Hold” and an average price target of $61.75.

Unilever Stock Down 1.9 %

Shares of UL opened at $54.89 on Friday. The company has a 50-day simple moving average of $57.21 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.

Unilever Cuts Dividend

The firm also recently announced 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 yield of 3.41%.

About Unilever

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.