Alliance Wealth Advisors LLC UT Sells 1,127 Shares of Unilever PLC (NYSE:UL)

Alliance Wealth Advisors LLC UT lessened its holdings in shares of Unilever PLC (NYSE:UL) by 5.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 19,617 shares of the company’s stock after selling 1,127 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Unilever were worth $951,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Jones Financial Companies Lllp boosted its holdings in Unilever by 111.5% in the third quarter. Jones Financial Companies Lllp now owns 552 shares of the company’s stock valued at $27,000 after acquiring an additional 291 shares during the last quarter. Life Planning Partners Inc bought a new position in Unilever in the fourth quarter valued at about $27,000. VisionPoint Advisory Group LLC boosted its holdings in Unilever by 215.1% in the third quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock valued at $29,000 after acquiring an additional 400 shares during the last quarter. Barrett & Company Inc. boosted its holdings in Unilever by 51.5% in the third quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock valued at $30,000 after acquiring an additional 206 shares during the last quarter. Finally, Evolution Advisers Inc. bought a new position in Unilever during the fourth quarter worth about $34,000. Institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

NYSE UL traded up $0.32 during midday trading on Friday, hitting $51.24. The company had a trading volume of 4,278,463 shares, compared to its average volume of 3,049,528. The firm has a 50-day moving average price of $49.11 and a 200-day moving average price of $48.56. Unilever PLC has a twelve month low of $46.16 and a twelve month high of $55.99.

Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be issued a dividend of $0.4556 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 3.56%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on UL shares. Morgan Stanley lowered Unilever from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $52.00 to $48.00 in a research report on Tuesday, February 27th. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $48.00.

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.