Unilever PLC (NYSE:UL) is St. James Investment Company LLC's 5th Largest Position

St. James Investment Company LLC grew its stake in Unilever PLC (NYSE:UL - Free Report) by 0.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 651,806 shares of the company's stock after acquiring an additional 5,860 shares during the quarter. Unilever accounts for 6.5% of St. James Investment Company LLC's portfolio, making the stock its 5th biggest holding. St. James Investment Company LLC's holdings in Unilever were worth $38,815,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. May Hill Capital LLC purchased a new stake in Unilever during the 4th quarter valued at $296,000. Stonegate Investment Group LLC raised its position in shares of Unilever by 69.7% during the 1st quarter. Stonegate Investment Group LLC now owns 14,282 shares of the company's stock valued at $850,000 after purchasing an additional 5,867 shares during the period. Argent Trust Co lifted its stake in shares of Unilever by 34.2% during the 4th quarter. Argent Trust Co now owns 45,387 shares of the company's stock valued at $2,573,000 after buying an additional 11,555 shares in the last quarter. Value Partners Investments Inc. raised its stake in Unilever by 56.7% during the 1st quarter. Value Partners Investments Inc. now owns 13,958 shares of the company's stock valued at $832,000 after purchasing an additional 5,051 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in Unilever by 25.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,557,291 shares of the company's stock valued at $92,768,000 after acquiring an additional 316,638 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Stock Down 0.2%

UL opened at $61.38 on Thursday. The business has a fifty day moving average of $62.65 and a 200 day moving average of $59.67. The stock has a market cap of $150.66 billion, a P/E ratio of 17.59, a PEG ratio of 3.83 and a beta of 0.41. Unilever PLC has a 52-week low of $54.32 and a 52-week high of $65.87.

Unilever Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 16th were given a $0.5151 dividend. This represents a $2.06 annualized dividend and a yield of 3.36%. This is a boost from Unilever's previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, May 16th. Unilever's payout ratio is 59.03%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UL. BNP Paribas raised Unilever to a "strong-buy" rating in a report on Thursday, May 29th. Wall Street Zen lowered shares of Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. BNP Paribas Exane initiated coverage on shares of Unilever in a report on Thursday, May 29th. They issued an "outperform" rating and a $73.00 target price on the stock. Finally, UBS Group raised shares of Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target 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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