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

Roman Butler Fullerton & Co. decreased its position in Unilever PLC (NYSE:UL) by 16.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm 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 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UL. Jennison Associates LLC boosted its stake in Unilever by 981.6% in the 3rd quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock worth $134,868,000 after purchasing an additional 1,884,216 shares during the period. Fisher Asset Management LLC boosted its stake in Unilever by 7.1% in the 3rd quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock worth $1,086,547,000 after purchasing an additional 1,114,177 shares during the period. Citigroup Inc. boosted its stake in Unilever by 493.4% in the 3rd quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock worth $71,785,000 after purchasing an additional 918,841 shares during the period. Icon Wealth Advisors LLC boosted its stake in Unilever by 7,466.0% in the 3rd quarter. Icon Wealth Advisors LLC now owns 629,569 shares of the company’s stock worth $40,897,000 after purchasing an additional 621,248 shares during the period. Finally, Canoe Financial LP acquired a new position in Unilever in the 3rd quarter worth approximately $23,488,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Down 1.9 %

UL stock opened at $54.89 on Friday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The company has a fifty day simple moving average of $57.21 and a 200 day simple moving average of $60.35.

Unilever Cuts Dividend

The firm also recently disclosed 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. This represents a $1.87 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Friday, February 28th.

Analyst Ratings Changes

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

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.