JT Stratford LLC lowered its holdings in shares of Unilever N.V. (NYSE:UL) by 28.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,650 shares of the company’s stock after selling 12,783 shares during the quarter. JT Stratford LLC’s holdings in Unilever were worth $1,706,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Creative Planning raised its position in Unilever by 0.6% in the 4th quarter. Creative Planning now owns 34,855 shares of the company’s stock valued at $1,821,000 after buying an additional 193 shares during the last quarter. Cullen Frost Bankers Inc. grew its stake in Unilever by 0.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 22,466 shares of the company’s stock valued at $1,174,000 after purchasing an additional 193 shares in the last quarter. Johnson Financial Group Inc. grew its stake in Unilever by 19.1% in the fourth quarter. Johnson Financial Group Inc. now owns 1,449 shares of the company’s stock valued at $76,000 after purchasing an additional 232 shares in the last quarter. Raab & Moskowitz Asset Management LLC grew its stake in Unilever by 1.6% in the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 17,416 shares of the company’s stock valued at $909,000 after purchasing an additional 268 shares in the last quarter. Finally, Moloney Securities Asset Management LLC grew its stake in Unilever by 2.5% in the fourth quarter. Moloney Securities Asset Management LLC now owns 12,184 shares of the company’s stock valued at $637,000 after purchasing an additional 300 shares in the last quarter. 6.46% of the stock is currently owned by institutional investors.

UL stock opened at $56.81 on Friday. Unilever N.V. has a twelve month low of $50.80 and a twelve month high of $58.07. The company has a market capitalization of $65.33 billion, a price-to-earnings ratio of 20.51, a P/E/G ratio of 3.52 and a beta of 0.61.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 20th. Stockholders of record on Friday, February 15th will be paid a dividend of $0.442 per share. This is an increase from Unilever’s previous quarterly dividend of $0.35. This represents a $1.77 annualized dividend and a dividend yield of 3.11%. The ex-dividend date is Thursday, February 14th. Unilever’s payout ratio is currently 63.18%.

A number of research analysts have weighed in on the company. UBS Group downgraded Unilever from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 8th. JPMorgan Chase & Co. restated a “sell” rating on shares of Unilever in a research note on Wednesday, January 30th. Zacks Investment Research downgraded Unilever from a “hold” rating to a “sell” rating in a research note on Saturday, February 2nd. BNP Paribas downgraded Unilever from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 27th. Finally, Exane BNP Paribas downgraded Unilever from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $61.00.

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Unilever Company Profile

Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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