Radnor Capital Management LLC Sells 1,933 Shares of Unilever PLC (NYSE:UL)

Radnor Capital Management LLC lessened its position in shares of Unilever PLC (NYSE:UL) by 8.8% in the first quarter, HoldingsChannel reports. The fund owned 19,941 shares of the company’s stock after selling 1,933 shares during the period. Radnor Capital Management LLC’s holdings in Unilever were worth $1,001,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in UL. Citigroup Inc. grew its position in Unilever by 51.1% during the third quarter. Citigroup Inc. now owns 672,859 shares of the company’s stock worth $33,239,000 after buying an additional 227,681 shares in the last quarter. Allen Wealth Management LLC acquired a new stake in shares of Unilever during the 4th quarter worth $2,415,000. Principal Securities Inc. bought a new position in shares of Unilever in the fourth quarter worth $1,131,000. Virtu Financial LLC acquired a new position in Unilever in the fourth quarter valued at about $867,000. Finally, Levin Capital Strategies L.P. lifted its position in Unilever by 35.7% during the fourth quarter. Levin Capital Strategies L.P. now owns 428,269 shares of the company’s stock worth $20,762,000 after purchasing an additional 112,677 shares during the period. Institutional investors own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Morgan Stanley cut shares of Unilever from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $52.00 to $48.00 in a research report on Tuesday, February 27th. JPMorgan Chase & Co. upgraded shares of Unilever from an “underweight” rating to an “overweight” rating in a research report on Thursday, May 23rd. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. Redburn Atlantic upgraded Unilever from a “neutral” rating to a “buy” rating in a research report on Friday, June 7th. Finally, Argus boosted their target price on Unilever from $58.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, May 8th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Unilever presently has an average rating of “Hold” and an average price target of $54.00.

Unilever Trading Down 0.2 %

NYSE UL opened at $55.98 on Monday. The business’s 50-day moving average price is $53.15 and its two-hundred day moving average price is $50.41. Unilever PLC has a 12 month low of $46.16 and a 12 month high of $56.47.

Unilever Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Friday, May 17th were issued a $0.4556 dividend. This represents a $1.82 annualized dividend and a yield of 3.26%. The ex-dividend date of this dividend was Thursday, May 16th.

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.