Trust Co. of Vermont Sells 1,858 Shares of Unilever PLC (NYSE:UL)

Trust Co. of Vermont lowered its position in Unilever PLC (NYSE:UL) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,548 shares of the company’s stock after selling 1,858 shares during the period. Trust Co. of Vermont’s holdings in Unilever were worth $2,016,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Axxcess Wealth Management LLC purchased a new stake in shares of Unilever during the 2nd quarter valued at about $454,000. Bridges Investment Management Inc. purchased a new stake in Unilever during the second quarter valued at approximately $993,000. King Luther Capital Management Corp raised its position in Unilever by 3.1% in the second quarter. King Luther Capital Management Corp now owns 7,461 shares of the company’s stock worth $410,000 after acquiring an additional 222 shares during the period. Sei Investments Co. boosted its stake in shares of Unilever by 5.9% during the 2nd quarter. Sei Investments Co. now owns 251,012 shares of the company’s stock worth $13,796,000 after acquiring an additional 13,927 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in shares of Unilever by 4.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 13,538 shares of the company’s stock valued at $744,000 after acquiring an additional 536 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Three analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $61.75.

Unilever Stock Up 0.4 %

Shares of UL opened at $55.68 on Friday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The company has a 50 day simple moving average of $57.62 and a two-hundred day simple moving average of $60.28.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were paid a dividend of $0.4755 per share. This represents a $1.90 annualized dividend and a yield of 3.42%. This is a boost from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date was Friday, November 8th.

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.