Capital Advantage Inc. Purchases Shares of 4,268 Unilever PLC (NYSE:UL)

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

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new stake in Unilever during the 4th quarter valued at $26,000. Financial Life Planners purchased a new position in Unilever in the fourth quarter valued at about $28,000. VSM Wealth Advisory LLC purchased a new stake in shares of Unilever during the fourth quarter worth about $28,000. Roxbury Financial LLC acquired a new position in Unilever in the fourth quarter worth about $30,000. Finally, Mainstream Capital Management LLC bought a new position in Unilever in the fourth quarter worth about $31,000. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Stock Performance

Shares of UL stock traded down $1.17 during midday trading on Monday, hitting $61.33. 1,543,969 shares of the company were exchanged, compared to its average volume of 2,522,427. The firm has a market capitalization of $151.24 billion, a P/E ratio of 17.57, a PEG ratio of 1.60 and a beta of 0.44. Unilever PLC has a 52 week low of $53.50 and a 52 week high of $65.87. The firm's 50 day moving average price is $60.85 and its two-hundred day moving average price is $58.85.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 16th will be issued a $0.5151 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $2.06 dividend on an annualized basis and a yield of 3.36%. This is an increase from Unilever's previous quarterly dividend of $0.47. Unilever's payout ratio is currently 59.03%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. DZ Bank raised Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. StockNews.com lowered shares of Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, UBS Group raised shares of Unilever from a "strong sell" rating to a "hold" rating in a research report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $69.50.

Unilever Company 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.