Zevin Asset Management LLC Has $14.90 Million Holdings in Unilever PLC (NYSE:UL)

Zevin Asset Management LLC lessened its position in shares of Unilever PLC (NYSE:UL) by 2.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 262,752 shares of the company’s stock after selling 6,328 shares during the quarter. Unilever accounts for approximately 2.2% of Zevin Asset Management LLC’s portfolio, making the stock its 16th biggest holding. Zevin Asset Management LLC’s holdings in Unilever were worth $14,898,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UL. Golden State Wealth Management LLC acquired a new stake in shares of Unilever during the 4th quarter worth approximately $26,000. Financial Life Planners acquired a new stake in shares of Unilever during the 4th quarter worth approximately $28,000. Roxbury Financial LLC acquired a new stake in shares of Unilever during the 4th quarter worth approximately $30,000. Mainstream Capital Management LLC acquired a new stake in shares of Unilever during the 4th quarter worth approximately $31,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Unilever during the 3rd quarter worth approximately $40,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Trading Up 0.2 %

Shares of NYSE:UL opened at $58.74 on Friday. The stock’s fifty day simple moving average is $56.95 and its two-hundred day simple moving average is $59.72. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The stock has a market cap of $145.75 billion, a PE ratio of 16.83, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a yield of 3.18%. The ex-dividend date is Friday, February 28th. Unilever’s dividend payout ratio (DPR) is presently 53.01%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on UL. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Finally, DZ Bank raised shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Unilever presently has an average rating of “Moderate Buy” and a consensus target price of $66.33.

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.