Delta Capital Management LLC Has $1.69 Million Position in Unilever PLC (NYSE:UL)

Delta Capital Management LLC cut its holdings in Unilever PLC (NYSE:UL) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,840 shares of the company’s stock after selling 750 shares during the quarter. Delta Capital Management LLC’s holdings in Unilever were worth $1,692,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted its holdings in Unilever by 7.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock worth $181,000 after buying an additional 181 shares in the last quarter. Timber Creek Capital Management LLC lifted its stake in shares of Unilever by 0.5% during the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock valued at $2,568,000 after acquiring an additional 182 shares during the period. Alhambra Investment Management LLC lifted its stake in shares of Unilever by 4.2% during the fourth quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock valued at $260,000 after acquiring an additional 186 shares during the period. Good Life Advisors LLC boosted its holdings in Unilever by 4.5% in the third quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock valued at $295,000 after acquiring an additional 196 shares during the last quarter. Finally, Fiduciary Financial Group LLC increased its position in Unilever by 4.3% in the third quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock worth $307,000 after purchasing an additional 201 shares during the period. 9.67% of the stock is owned by institutional investors.

Unilever Stock Performance

UL opened at $55.68 on Friday. The company has a fifty day simple moving average of $57.62 and a 200 day simple moving average of $60.28. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were given a dividend of $0.4755 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.42%. This is a positive change from Unilever’s previous quarterly dividend of $0.35.

Wall Street Analyst Weigh In

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

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.