Aurora Private Wealth Inc. Raises Stock Holdings in Unilever PLC (NYSE:UL)

Aurora Private Wealth Inc. grew its position in shares of Unilever PLC (NYSE:UL - Free Report) by 5,716.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 244,572 shares of the company's stock after purchasing an additional 240,367 shares during the quarter. Aurora Private Wealth Inc.'s holdings in Unilever were worth $14,564,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company's stock valued at $599,000 after buying an additional 539 shares in the last quarter. Venturi Wealth Management LLC boosted its position in Unilever by 814.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,234 shares of the company's stock worth $70,000 after purchasing an additional 1,099 shares during the last quarter. Ieq Capital LLC boosted its holdings in shares of Unilever by 15.7% in the 4th quarter. Ieq Capital LLC now owns 13,946 shares of the company's stock worth $791,000 after buying an additional 1,891 shares during the last quarter. Wealthspire Advisors LLC grew its position in shares of Unilever by 4.6% during the 4th quarter. Wealthspire Advisors LLC now owns 14,622 shares of the company's stock valued at $829,000 after acquiring an additional 642 shares during the period. Finally, MONECO Advisors LLC bought a new position in Unilever during the fourth quarter valued at $221,000. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Trading Up 0.4%

UL traded up $0.24 during trading hours on Friday, hitting $60.92. The company's stock had a trading volume of 1,982,271 shares, compared to its average volume of 2,493,298. Unilever PLC has a 12 month low of $54.32 and a 12 month high of $65.87. The business's 50-day moving average price is $62.84 and its 200-day moving average price is $59.62. The stock has a market cap of $149.54 billion, a price-to-earnings ratio of 17.46, a P/E/G ratio of 3.36 and a beta of 0.43.

Unilever Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 16th were given a $0.5151 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $2.06 annualized dividend and a yield of 3.38%. This is a positive change from Unilever's previous quarterly dividend of $0.47. Unilever's dividend payout ratio (DPR) is currently 59.03%.

Wall Street Analyst Weigh In

Several research firms recently commented on UL. BNP Paribas Exane assumed coverage on shares of Unilever in a report on Thursday, May 29th. They issued an "outperform" rating and a $73.00 price objective for the company. BNP Paribas upgraded shares of Unilever to a "strong-buy" rating in a research report on Thursday, May 29th. UBS Group raised shares of Unilever from a "strong sell" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, Wall Street Zen lowered shares of Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target 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.