Autumn Glory Partners LLC Trims Position in Unilever PLC (NYSE:UL)

Autumn Glory Partners LLC trimmed its holdings in shares of Unilever PLC (NYSE:UL) by 16.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,805 shares of the company’s stock after selling 13,024 shares during the quarter. Unilever accounts for about 1.8% of Autumn Glory Partners LLC’s portfolio, making the stock its 10th largest position. Autumn Glory Partners LLC’s holdings in Unilever were worth $3,674,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in UL. Golden State Wealth Management LLC acquired a new position in shares of Unilever in the 4th quarter worth approximately $26,000. Financial Life Planners acquired a new position in shares of Unilever in the 4th quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Unilever in the 3rd quarter worth approximately $35,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Unilever during the 4th quarter valued at $36,000. Finally, Brooklyn Investment Group acquired a new position in shares of Unilever during the 3rd quarter valued at $40,000. 9.67% of the stock is owned by institutional investors.

Unilever Stock Performance

UL opened at $54.89 on Friday. The company’s fifty day moving average price is $57.21 and its two-hundred day moving average price is $60.35. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87.

Unilever Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.4674 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.87 annualized dividend and a yield of 3.41%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. 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. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Finally, StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company 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.