Aquatic Capital Management LLC Takes Position in Unilever PLC (NYSE:UL)

Aquatic Capital Management LLC acquired a new position in Unilever PLC (NYSE:UL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 42,000 shares of the company's stock, valued at approximately $2,381,000.

A number of other institutional investors have also recently bought and sold shares of UL. Golden State Wealth Management LLC bought a new position in shares of Unilever during the 4th quarter worth $26,000. Financial Life Planners purchased a new stake in Unilever during the fourth quarter valued at about $28,000. VSM Wealth Advisory LLC bought a new position in Unilever during the fourth quarter worth about $28,000. Roxbury Financial LLC purchased a new position in shares of Unilever in the fourth quarter worth about $30,000. Finally, Mainstream Capital Management LLC bought a new stake in shares of Unilever in the fourth quarter valued at approximately $31,000. Institutional investors own 9.67% of the company's stock.

Unilever Stock Performance

UL traded down $0.52 during trading on Thursday, reaching $63.03. The stock had a trading volume of 2,337,436 shares, compared to its average volume of 2,562,961. The business has a 50-day moving average of $59.92 and a 200-day moving average of $58.87. Unilever PLC has a one year low of $51.90 and a one year high of $65.87. The stock has a market cap of $155.44 billion, a PE ratio of 18.06, a PEG ratio of 1.60 and a beta of 0.42.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 16th will be issued a dividend of $0.5151 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.27%. This is a boost from Unilever's previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Friday, May 16th. Unilever's dividend payout ratio (DPR) is currently 59.03%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Sanford C. Bernstein upgraded shares of Unilever from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. DZ Bank upgraded Unilever from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Royal Bank of Canada cut Unilever from a "sector perform" rating to an "underperform" rating in a report on Monday, January 6th. Finally, StockNews.com raised Unilever from a "hold" rating to a "buy" rating in a report on Monday. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $66.33.

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.