Whittier Trust Co. of Nevada Inc. Purchases 555 Shares of Unilever PLC (NYSE:UL)

Whittier Trust Co. of Nevada Inc. grew its position in Unilever PLC (NYSE:UL) by 2.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,275 shares of the company’s stock after acquiring an additional 555 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Unilever were worth $1,376,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of UL. Douglass Winthrop Advisors LLC boosted its holdings in Unilever by 21.4% in the 4th quarter. Douglass Winthrop Advisors LLC now owns 10,195 shares of the company’s stock valued at $578,000 after purchasing an additional 1,800 shares during the period. Holderness Investments Co. boosted its holdings in Unilever by 10.8% in the 4th quarter. Holderness Investments Co. now owns 3,925 shares of the company’s stock valued at $223,000 after purchasing an additional 383 shares during the period. Stokes Family Office LLC bought a new stake in Unilever in the 4th quarter valued at about $214,000. VSM Wealth Advisory LLC bought a new stake in Unilever in the 4th quarter valued at about $28,000. Finally, Brooklyn FI LLC bought a new stake in Unilever in the 4th quarter valued at about $511,000. Institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

UL stock opened at $58.64 on Friday. The company has a 50 day simple moving average of $57.28 and a 200 day simple moving average of $59.49. The stock has a market cap of $145.50 billion, a price-to-earnings ratio of 16.80, a P/E/G ratio of 1.60 and a beta of 0.47. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.

Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a $0.4674 dividend. This represents a $1.87 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Friday, February 28th. Unilever’s dividend payout ratio (DPR) is currently 53.01%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on UL shares. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Finally, DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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.