Capital Advisors Inc. OK Grows Holdings in Unilever PLC (NYSE:UL)

Capital Advisors Inc. OK grew its stake in Unilever PLC (NYSE:UL - Free Report) by 2.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 624,126 shares of the company's stock after buying an additional 15,239 shares during the period. Capital Advisors Inc. OK's holdings in Unilever were worth $37,167,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of UL. Norges Bank purchased a new position in Unilever in the 4th quarter worth approximately $153,606,000. Clearbridge Investments LLC lifted its holdings in shares of Unilever by 140.1% in the 4th quarter. Clearbridge Investments LLC now owns 3,719,284 shares of the company's stock worth $210,883,000 after acquiring an additional 2,170,242 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Unilever by 401.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,465,523 shares of the company's stock worth $83,095,000 after acquiring an additional 1,173,298 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its holdings in shares of Unilever by 592.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,070,818 shares of the company's stock worth $60,715,000 after acquiring an additional 916,246 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Unilever by 7,286.5% in the 1st quarter. GAMMA Investing LLC now owns 781,713 shares of the company's stock worth $46,551,000 after acquiring an additional 771,130 shares during the last quarter. Hedge funds and other institutional investors own 9.67% of the company's stock.

Unilever Stock Up 0.2%

NYSE:UL opened at $61.52 on Monday. The company has a fifty day moving average of $62.59 and a 200 day moving average of $59.73. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.87. The firm has a market capitalization of $151.01 billion, a P/E ratio of 17.63, a P/E/G ratio of 3.81 and a beta of 0.41.

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 is a positive change from Unilever's previous quarterly dividend of $0.47. This represents a $2.06 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date of this dividend was Friday, May 16th. Unilever's dividend payout ratio is currently 59.03%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on UL shares. UBS Group upgraded shares of Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. Wall Street Zen lowered shares of Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. BNP Paribas upgraded shares of Unilever to a "strong-buy" rating in a report on Thursday, May 29th. Finally, BNP Paribas Exane started 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. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $70.67.

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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