Brucke Financial Inc. Makes New Investment in Unilever PLC (NYSE:UL)

Brucke Financial Inc. purchased a new stake in shares of Unilever PLC (NYSE:UL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,825 shares of the company's stock, valued at approximately $506,000.

A number of other large investors have also added to or reduced their stakes in the stock. Golden State Wealth Management LLC bought a new position in Unilever in the 4th quarter worth about $26,000. Financial Life Planners acquired a new stake in Unilever during the fourth quarter valued at $28,000. VSM Wealth Advisory LLC acquired a new stake in shares of Unilever in the fourth quarter valued at about $28,000. Roxbury Financial LLC purchased a new position in shares of Unilever in the fourth quarter worth about $30,000. Finally, Vermillion Wealth Management Inc. purchased a new position in Unilever during the fourth quarter worth about $30,000. Institutional investors own 9.67% of the company's stock.

Unilever Price Performance

NYSE UL traded up $0.24 on Thursday, reaching $63.54. The stock had a trading volume of 2,144,515 shares, compared to its average volume of 2,507,944. The firm has a fifty day moving average of $61.78 and a two-hundred day moving average of $59.02. The company has a market cap of $156.15 billion, a P/E ratio of 18.20, a price-to-earnings-growth ratio of 1.60 and a beta of 0.44. Unilever PLC has a 1-year low of $54.02 and a 1-year high of $65.87.

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 given a $0.5151 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $2.06 annualized dividend and a yield of 3.24%. This is a boost from Unilever's previous quarterly dividend of $0.47. Unilever's payout ratio is currently 59.03%.

Analyst Upgrades and Downgrades

UL has been the subject of several analyst reports. DZ Bank upgraded shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. BNP Paribas assumed coverage on shares of Unilever in a research note on Thursday. They set an "outperform" rating on the stock. Wall Street Zen lowered shares of Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. UBS Group upgraded shares of Unilever from a "strong sell" rating to a "hold" rating in a research note on Friday, May 2nd. Finally, BNP Paribas Exane started coverage on shares of Unilever in a report on Thursday. They issued an "outperform" rating and a $73.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Unilever currently has a consensus rating of "Moderate Buy" and an average target price of $70.67.

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.