Capital Advantage Inc. Makes New $242,000 Investment in Unilever PLC (NYSE:UL)

Capital Advantage Inc. purchased a new stake in shares of Unilever PLC (NYSE:UL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,268 shares of the company's stock, valued at approximately $242,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in shares of Unilever during the 4th quarter worth about $26,000. Financial Life Planners bought a new stake in Unilever during the fourth quarter worth approximately $28,000. VSM Wealth Advisory LLC acquired a new stake in Unilever in the fourth quarter worth approximately $28,000. Roxbury Financial LLC bought a new position in Unilever during the 4th quarter valued at $30,000. Finally, Mainstream Capital Management LLC acquired a new position in shares of Unilever during the 4th quarter valued at $31,000. 9.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. DZ Bank upgraded Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Sanford C. Bernstein raised shares of Unilever from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. StockNews.com downgraded Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday. Finally, UBS Group upgraded Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Unilever has a consensus rating of "Moderate Buy" and a consensus target price of $66.33.

Unilever Price Performance

NYSE UL opened at $63.94 on Wednesday. The firm has a market capitalization of $157.70 billion, a price-to-earnings ratio of 18.32, a price-to-earnings-growth ratio of 1.60 and a beta of 0.44. The company has a 50 day simple moving average of $60.51 and a 200-day simple moving average of $58.85. Unilever PLC has a 52-week low of $52.49 and a 52-week high of $65.87.

Unilever Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 16th will be paid a $0.5151 dividend. The ex-dividend date is Friday, May 16th. This is an increase from Unilever's previous quarterly dividend of $0.47. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.22%. Unilever's dividend payout ratio is 59.03%.

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.

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