Disciplined Equity Management Inc. Purchases New Shares in Unilever PLC (NYSE:UL)

Disciplined Equity Management Inc. acquired a new stake in shares of Unilever PLC (NYSE:UL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,500 shares of the company’s stock, valued at approximately $73,000.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its position in shares of Unilever by 111.5% during the third quarter. Jones Financial Companies Lllp now owns 552 shares of the company’s stock valued at $27,000 after purchasing an additional 291 shares in the last quarter. Life Planning Partners Inc purchased a new position in Unilever during the fourth quarter valued at $27,000. VisionPoint Advisory Group LLC boosted its holdings in shares of Unilever by 215.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock valued at $29,000 after buying an additional 400 shares in the last quarter. Barrett & Company Inc. boosted its holdings in shares of Unilever by 51.5% during the 3rd quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock valued at $30,000 after buying an additional 206 shares in the last quarter. Finally, Planned Solutions Inc. purchased a new stake in shares of Unilever in the 4th quarter worth about $44,000. 9.67% of the stock is currently owned by institutional investors.

Unilever Price Performance

UL traded up $0.10 during mid-day trading on Wednesday, reaching $48.08. 2,963,756 shares of the company traded hands, compared to its average volume of 2,822,635. Unilever PLC has a 52-week low of $46.16 and a 52-week high of $55.99. The company’s fifty day moving average price is $49.08 and its 200-day moving average price is $48.52.

Unilever Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, February 23rd were issued a $0.4582 dividend. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend was Thursday, February 22nd.

Analyst Upgrades and Downgrades

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