Roxbury Financial LLC Takes Position in Unilever PLC (NYSE:UL)

Roxbury Financial LLC bought a new stake in Unilever PLC (NYSE:UL) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 509 shares of the company’s stock, valued at approximately $30,000.

A number of other large investors have also modified their holdings of UL. Golden State Wealth Management LLC acquired a new stake in Unilever during the 4th quarter valued at approximately $26,000. Financial Life Planners acquired a new stake in Unilever during the 4th quarter valued at approximately $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Unilever during the 3rd quarter valued at approximately $35,000. Brooklyn Investment Group acquired a new stake in Unilever during the 3rd quarter valued at approximately $40,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in Unilever during the 4th quarter valued at approximately $36,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

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

Unilever Stock Down 1.9 %

NYSE:UL opened at $54.89 on Friday. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The business’s 50 day moving average is $57.13 and its two-hundred day moving average is $60.30.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a $0.4674 dividend. This represents a $1.87 annualized dividend and a dividend yield of 3.41%. The ex-dividend date of this dividend is Friday, February 28th.

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.