OLD Second National Bank of Aurora Sells 2,441 Shares of Unilever PLC (NYSE:UL)

OLD Second National Bank of Aurora lessened its stake in shares of Unilever PLC (NYSE:UL) by 7.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,842 shares of the company’s stock after selling 2,441 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Unilever were worth $1,495,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allianz Asset Management GmbH boosted its position in shares of Unilever by 43.5% in the 1st quarter. Allianz Asset Management GmbH now owns 26,032 shares of the company’s stock worth $1,186,000 after purchasing an additional 7,895 shares in the last quarter. Cetera Investment Advisers lifted its position in Unilever by 4.2% during the 1st quarter. Cetera Investment Advisers now owns 48,220 shares of the company’s stock worth $2,197,000 after acquiring an additional 1,963 shares during the period. Candriam Luxembourg S.C.A. lifted its position in Unilever by 40.5% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 41,294 shares of the company’s stock worth $1,881,000 after acquiring an additional 11,905 shares during the period. Baird Financial Group Inc. lifted its position in Unilever by 10.7% during the 1st quarter. Baird Financial Group Inc. now owns 127,034 shares of the company’s stock worth $5,788,000 after acquiring an additional 12,302 shares during the period. Finally, Covestor Ltd lifted its position in Unilever by 204.6% during the 1st quarter. Covestor Ltd now owns 667 shares of the company’s stock worth $30,000 after acquiring an additional 448 shares during the period. Institutional investors own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on UL shares. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a research report on Saturday, April 13th. Morgan Stanley cut Unilever from an “equal weight” rating to an “underweight” rating and lowered their price target for the stock from $52.00 to $48.00 in a research report on Tuesday, February 27th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $48.00.

Unilever Stock Performance

Shares of NYSE UL traded up $0.27 during trading on Thursday, reaching $46.96. 1,801,481 shares of the company traded hands, compared to its average volume of 2,729,898. The firm’s fifty day simple moving average is $49.35 and its 200 day simple moving average is $48.56. Unilever PLC has a 12-month low of $46.16 and a 12-month high of $55.99.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, February 23rd were paid a dividend of $0.4582 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.90%.

Unilever 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.