Eagle Strategies LLC Acquires Shares of 4,254 Unilever PLC (NYSE:UL)

Eagle Strategies LLC acquired a new stake in Unilever PLC (NYSE:UL - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,254 shares of the company's stock, valued at approximately $253,000.

Several other large investors also recently bought and sold shares of the company. VSM Wealth Advisory LLC acquired a new stake in shares of Unilever during the fourth quarter worth approximately $28,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Unilever during the fourth quarter worth approximately $30,000. Mainstream Capital Management LLC acquired a new position in Unilever in the fourth quarter worth $31,000. Murphy & Mullick Capital Management Corp acquired a new position in Unilever in the fourth quarter worth $39,000. Finally, Union Bancaire Privee UBP SA acquired a new position in Unilever in the fourth quarter worth $40,000. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Stock Performance

UL stock opened at $62.33 on Tuesday. The stock has a market capitalization of $152.99 billion, a price-to-earnings ratio of 17.86, a PEG ratio of 3.41 and a beta of 0.43. Unilever PLC has a 1 year low of $54.32 and a 1 year high of $65.87. The stock's fifty day moving average is $62.98 and its two-hundred day moving average is $59.56.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 16th were paid a $0.5151 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 3.31%. This is a boost from Unilever's previous quarterly dividend of $0.47. The ex-dividend date was Friday, May 16th. Unilever's dividend payout ratio (DPR) is presently 59.03%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on UL shares. Wall Street Zen downgraded 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. 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. 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 issued a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price 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.

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