Hanson & Doremus Investment Management Has $981,000 Position in Unilever PLC (NYSE:UL)

Hanson & Doremus Investment Management boosted its position in Unilever PLC (NYSE:UL - Free Report) by 92.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 16,474 shares of the company's stock after purchasing an additional 7,901 shares during the period. Hanson & Doremus Investment Management's holdings in Unilever were worth $981,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. VSM Wealth Advisory LLC acquired a new stake in shares of Unilever during the 4th quarter worth about $28,000. Roxbury Financial LLC acquired a new position in shares of Unilever in the fourth quarter valued at approximately $30,000. Vermillion Wealth Management Inc. acquired a new position in shares of Unilever in the fourth quarter valued at approximately $30,000. Mainstream Capital Management LLC bought a new position in shares of Unilever during the fourth quarter worth approximately $31,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in Unilever during the 4th quarter worth approximately $39,000. Institutional investors own 9.67% of the company's stock.

Unilever Stock Up 0.2%

Shares of UL stock traded up $0.13 on Monday, reaching $62.80. The company had a trading volume of 2,409,046 shares, compared to its average volume of 2,477,341. The business's 50-day moving average is $62.74 and its 200 day moving average is $59.45. Unilever PLC has a one year low of $54.32 and a one year high of $65.87. The stock has a market capitalization of $154.35 billion, a PE ratio of 17.99, a price-to-earnings-growth ratio of 1.60 and a beta of 0.43.

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 paid a $0.5151 dividend. This is an increase 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 yield of 3.28%. Unilever's dividend payout ratio is presently 59.03%.

Analyst Ratings Changes

UL has been the topic of several recent research reports. BNP Paribas upgraded Unilever to a "strong-buy" rating in a research report on Thursday, May 29th. BNP Paribas Exane started coverage on shares of Unilever in a research report on Thursday, May 29th. They set an "outperform" rating and a $73.00 price target on the stock. DZ Bank upgraded shares of Unilever from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Wall Street Zen lowered shares of Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, UBS Group raised Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Unilever currently has a consensus rating of "Moderate Buy" and an average target price 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.