Patriot Financial Group Insurance Agency LLC Has $1.54 Million Holdings in Unilever PLC (NYSE:UL)

Patriot Financial Group Insurance Agency LLC raised its position in Unilever PLC (NYSE:UL - Free Report) by 39.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,810 shares of the company's stock after purchasing an additional 7,241 shares during the quarter. Patriot Financial Group Insurance Agency LLC's holdings in Unilever were worth $1,537,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of UL. Golden State Wealth Management LLC acquired a new position in Unilever during the 4th quarter worth approximately $26,000. VSM Wealth Advisory LLC acquired a new position in Unilever during the fourth quarter worth $28,000. Roxbury Financial LLC acquired a new position in Unilever during the fourth quarter worth $30,000. Vermillion Wealth Management Inc. bought a new position in Unilever in the fourth quarter valued at $30,000. Finally, Mainstream Capital Management LLC acquired a new stake in Unilever in the 4th quarter valued at $31,000. 9.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on UL. Wall Street Zen downgraded shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. BNP Paribas Exane assumed coverage on Unilever in a research report on Thursday, May 29th. They set 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 research note on Friday, May 2nd. BNP Paribas upgraded Unilever to a "strong-buy" rating in a research note on Thursday, May 29th. Finally, DZ Bank raised Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. 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 given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $70.67.

Unilever Stock Down 0.1%

NYSE:UL opened at $63.03 on Monday. Unilever PLC has a 12-month low of $54.32 and a 12-month high of $65.87. The firm has a market capitalization of $154.91 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 1.60 and a beta of 0.43. The stock's 50 day moving average price is $62.40 and its two-hundred day moving average price is $59.32.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 16th will be issued a dividend of $0.5151 per share. The ex-dividend date is Friday, May 16th. This is a positive change from Unilever's previous quarterly dividend of $0.47. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.27%. Unilever's payout ratio is presently 59.03%.

About Unilever

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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