6,073 Shares in Unilever PLC (NYSE:UL) Acquired by Inscription Capital LLC

Inscription Capital LLC bought a new position in Unilever PLC (NYSE:UL - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,073 shares of the company's stock, valued at approximately $362,000.

Other institutional investors also recently bought and sold shares of the company. VSM Wealth Advisory LLC acquired a new position in Unilever during the fourth quarter worth approximately $28,000. Vermillion Wealth Management Inc. purchased a new stake in shares of Unilever during the 4th quarter valued at $30,000. Mainstream Capital Management LLC acquired a new stake in shares of Unilever during the 4th quarter worth $31,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Unilever during the 4th quarter worth $39,000. Finally, Union Bancaire Privee UBP SA acquired a new stake in Unilever during the fourth quarter worth about $40,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Down 0.2%

Shares of NYSE:UL opened at $62.10 on Thursday. The company has a market capitalization of $152.43 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth ratio of 3.46 and a beta of 0.43. The company has a 50 day moving average of $62.95 and a two-hundred day moving average of $59.51. Unilever PLC has a 52-week low of $54.32 and a 52-week high of $65.87.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 16th were issued a dividend of $0.5151 per share. This represents a $2.06 dividend on an annualized basis and a yield of 3.32%. This is a positive change from Unilever's previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, May 16th. Unilever's dividend payout ratio (DPR) is presently 59.03%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on UL shares. BNP Paribas Exane initiated coverage on Unilever in a report on Thursday, May 29th. They set an "outperform" rating and a $73.00 target price for the company. BNP Paribas raised shares of Unilever to a "strong-buy" rating in a research report on Thursday, May 29th. DZ Bank raised shares of Unilever from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Wall Street Zen downgraded shares of Unilever from a "buy" rating to a "hold" rating in a research note 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 analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Unilever presently has an average rating of "Moderate Buy" and a consensus target price of $70.67.

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.

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