CW Advisors LLC Raises Holdings in Unilever PLC $UL

Key Points

• CW Advisors LLC significantly increased its stake in Unilever PLC by 121.6%, acquiring an additional 5,451 shares, bringing its total holdings to 9,935 shares valued at approximately $590,000.
• Unilever recently declared a quarterly dividend of $0.5175, reflecting a slight increase from the previous dividend, with an annualized yield of 3.3% and a payout ratio of 59.31%.
• Wall Street analysts have mixed opinions on Unilever, with a current average rating of "Moderate Buy" and an average target price estimated at $73.00.

CW Advisors LLC boosted its position in Unilever PLC (NYSE:UL - Free Report) by 121.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,935 shares of the company's stock after acquiring an additional 5,451 shares during the period. CW Advisors LLC's holdings in Unilever were worth $590,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in UL. Vermillion Wealth Management Inc. bought a new stake in Unilever in the 4th quarter worth $30,000. N.E.W. Advisory Services LLC bought a new stake in Unilever in the 1st quarter worth $30,000. Brentview Investment Management LLC bought a new stake in Unilever in the 1st quarter worth $33,000. Richardson Financial Services Inc. boosted its stake in shares of Unilever by 209.0% during the 1st quarter. Richardson Financial Services Inc. now owns 618 shares of the company's stock valued at $37,000 after purchasing an additional 418 shares in the last quarter. Finally, Accredited Wealth Management LLC bought a new stake in shares of Unilever during the 4th quarter valued at about $43,000. Institutional investors own 9.67% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UL. BNP Paribas Exane assumed coverage on shares of Unilever in a research note on Thursday, May 29th. They issued an "outperform" rating and a $73.00 price target for the company. UBS Group upgraded Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. CICC Research began coverage on Unilever in a research note on Thursday, August 21st. They issued an "outperform" rating for the company. Jefferies Financial Group restated an "underperform" rating on shares of Unilever in a research report on Sunday, August 3rd. Finally, BNP Paribas raised Unilever to a "strong-buy" rating in a research note on Thursday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Unilever has a consensus rating of "Moderate Buy" and an average target price of $73.00.

Unilever Trading Up 1.4%

NYSE:UL traded up $0.88 during trading hours on Friday, reaching $63.25. 3,318,446 shares of the company traded hands, compared to its average volume of 2,138,729. The business's 50-day moving average price is $61.11 and its two-hundred day moving average price is $60.85. Unilever PLC has a 1 year low of $54.32 and a 1 year high of $65.87. The stock has a market capitalization of $155.18 billion, a P/E ratio of 18.12, a P/E/G ratio of 3.86 and a beta of 0.38.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 15th will be paid a $0.5175 dividend. This represents a $2.07 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Friday, August 15th. This is a positive change from Unilever's previous quarterly dividend of $0.52. Unilever's dividend payout ratio (DPR) is presently 59.31%.

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.