Epiq Partners LLC reduced its holdings in shares of Unilever PLC (NYSE:UL – Get Rating) by 23.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,311 shares of the company’s stock after selling 9,494 shares during the quarter. Epiq Partners LLC’s holdings in Unilever were worth $1,574,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Fortis Capital Advisors LLC purchased a new stake in Unilever during the 4th quarter valued at approximately $26,000. New Hampshire Trust purchased a new stake in Unilever during the 4th quarter valued at approximately $27,000. MinichMacGregor Wealth Management LLC purchased a new stake in Unilever during the 4th quarter valued at approximately $29,000. Godsey & Gibb Inc. purchased a new stake in Unilever during the 4th quarter valued at approximately $30,000. Finally, U.S. Capital Wealth Advisors LLC purchased a new stake in Unilever during the 4th quarter valued at approximately $31,000. 10.15% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded Unilever from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Unilever currently has an average rating of “Hold” and a consensus price target of $46.00.
Unilever Stock Performance
NYSE UL traded up $0.20 on Wednesday, hitting $51.72. 450,334 shares of the company’s stock were exchanged, compared to its average volume of 1,990,540. The firm’s 50-day moving average price is $52.85 and its two-hundred day moving average price is $51.51. Unilever PLC has a fifty-two week low of $42.44 and a fifty-two week high of $55.99.
Unilever Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Friday, May 19th were issued a $0.4569 dividend. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date was Thursday, May 18th.
Unilever Profile
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.