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

Capital Advisors Inc. OK increased its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 2.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 624,126 shares of the company's stock after acquiring 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 quarter.

A number of other large investors also recently bought and sold shares of the business. VSM Wealth Advisory LLC bought a new stake in shares of Unilever during the fourth quarter worth $28,000. Vermillion Wealth Management Inc. purchased a new position in Unilever in the 4th quarter worth about $30,000. Murphy & Mullick Capital Management Corp bought a new stake in Unilever during the 4th quarter valued at about $39,000. Accredited Wealth Management LLC purchased a new stake in Unilever in the 4th quarter valued at about $43,000. Finally, Greenline Partners LLC bought a new position in Unilever in the 4th quarter worth about $58,000. Hedge funds and other institutional investors own 9.67% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on UL shares. Wall Street Zen lowered Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. BNP Paribas upgraded Unilever to a "strong-buy" rating in a report on Thursday, May 29th. UBS Group raised Unilever from a "strong sell" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, BNP Paribas Exane started coverage on Unilever in a research note on Thursday, May 29th. They set an "outperform" rating and a $73.00 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $70.67.

Unilever Price Performance

NYSE UL traded up $0.03 during midday trading on Monday, hitting $61.40. 1,852,485 shares of the company traded hands, compared to its average volume of 2,494,010. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.87. The company's 50-day simple moving average is $62.59 and its 200-day simple moving average is $59.73. The company has a market cap of $150.71 billion, a PE ratio of 17.59, a price-to-earnings-growth ratio of 3.81 and a beta of 0.41.

Unilever Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 16th were given a dividend of $0.5151 per share. The ex-dividend date of this dividend was 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 dividend payout ratio (DPR) is presently 59.03%.

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.