Raab & Moskowitz Asset Management LLC Sells 1,494 Shares of Unilever PLC (NYSE:UL)

Raab & Moskowitz Asset Management LLC reduced its stake in Unilever PLC (NYSE:UL) by 8.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,642 shares of the company’s stock after selling 1,494 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in Unilever were worth $758,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its stake in Unilever by 111.5% in the third quarter. Jones Financial Companies Lllp now owns 552 shares of the company’s stock worth $27,000 after buying an additional 291 shares in the last quarter. Life Planning Partners Inc bought a new position in shares of Unilever during the fourth quarter valued at approximately $27,000. VisionPoint Advisory Group LLC increased its stake in shares of Unilever by 215.1% during the third quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock valued at $29,000 after purchasing an additional 400 shares in the last quarter. Barrett & Company Inc. increased its stake in shares of Unilever by 51.5% during the third quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock valued at $30,000 after purchasing an additional 206 shares in the last quarter. Finally, Evolution Advisers Inc. bought a new position in shares of Unilever during the fourth quarter valued at approximately $34,000. 9.67% of the stock is owned by institutional investors.

Unilever Price Performance

Shares of UL opened at $51.24 on Friday. The firm has a 50 day moving average of $49.11 and a 200 day moving average of $48.56. Unilever PLC has a twelve month low of $46.16 and a twelve month high of $55.99.

Unilever Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be given a dividend of $0.4556 per share. This represents a $1.82 annualized dividend and a dividend yield of 3.56%. The ex-dividend date is Thursday, May 16th.

Analyst Ratings Changes

UL has been the subject of a number of analyst reports. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, April 23rd. Morgan Stanley downgraded shares of Unilever from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $52.00 to $48.00 in a research note on Tuesday, February 27th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus 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.