Chicago Capital LLC Has $1.12 Million Holdings in Unilever PLC (NYSE:UL)

Chicago Capital LLC grew its stake in shares of Unilever PLC (NYSE:UL - Free Report) by 115.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,775 shares of the company's stock after buying an additional 10,069 shares during the quarter. Chicago Capital LLC's holdings in Unilever were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UL. Mission Wealth Management LP raised its stake in Unilever by 1.4% during the 1st quarter. Mission Wealth Management LP now owns 11,497 shares of the company's stock valued at $685,000 after purchasing an additional 159 shares during the last quarter. Pinion Investment Advisors LLC increased its holdings in Unilever by 2.0% in the 4th quarter. Pinion Investment Advisors LLC now owns 9,250 shares of the company's stock valued at $524,000 after buying an additional 177 shares during the period. Tyler Stone Wealth Management increased its holdings in Unilever by 2.8% in the 4th quarter. Tyler Stone Wealth Management now owns 6,576 shares of the company's stock valued at $373,000 after buying an additional 180 shares during the period. Ausdal Financial Partners Inc. increased its holdings in Unilever by 1.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 9,956 shares of the company's stock valued at $565,000 after buying an additional 181 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its holdings in Unilever by 6.7% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,966 shares of the company's stock valued at $168,000 after buying an additional 185 shares during the period. 9.67% of the stock is currently owned by institutional investors.

Unilever Price Performance

Shares of UL traded down $0.93 during trading hours on Friday, hitting $61.17. The stock had a trading volume of 2,246,727 shares, compared to its average volume of 2,473,455. The company's fifty day moving average is $62.98 and its two-hundred day moving average is $59.54. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.87. The stock has a market capitalization of $150.14 billion, a price-to-earnings ratio of 17.53, a P/E/G ratio of 3.41 and a beta of 0.43.

Unilever Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 16th were issued a $0.5151 dividend. This is a positive change from Unilever's previous quarterly dividend of $0.47. The ex-dividend date was Friday, May 16th. This represents a $2.06 annualized dividend and a dividend yield of 3.37%. Unilever's dividend payout ratio is presently 59.03%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. 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 target on the stock. DZ Bank raised shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Wall Street Zen lowered shares of Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. UBS Group raised shares of Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. Finally, BNP Paribas raised shares of Unilever to a "strong-buy" rating in a report on Thursday, May 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target 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.