Unilever PLC (NYSE:UL) Shares Bought by NBC Securities Inc.

NBC Securities Inc. raised its holdings in Unilever PLC (NYSE:UL - Free Report) by 97,350.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,745 shares of the company's stock after buying an additional 9,735 shares during the period. NBC Securities Inc.'s holdings in Unilever were worth $580,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Baker Tilly Wealth Management LLC grew its holdings in shares of Unilever by 53.5% during the first quarter. Baker Tilly Wealth Management LLC now owns 17,589 shares of the company's stock worth $1,047,000 after buying an additional 6,133 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in shares of Unilever in the 1st quarter worth $253,000. Fulcrum Capital LLC lifted its stake in shares of Unilever by 12.1% in the 1st quarter. Fulcrum Capital LLC now owns 6,258 shares of the company's stock worth $373,000 after acquiring an additional 673 shares during the period. BTC Capital Management Inc. boosted its holdings in shares of Unilever by 7.6% in the first quarter. BTC Capital Management Inc. now owns 40,837 shares of the company's stock valued at $2,432,000 after acquiring an additional 2,879 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in Unilever by 8.0% in the 1st quarter. Parallel Advisors LLC now owns 25,125 shares of the company's stock valued at $1,496,000 after purchasing an additional 1,864 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Stock Performance

Shares of Unilever stock traded down $0.04 during trading on Friday, reaching $63.03. The company had a trading volume of 1,661,225 shares, compared to its average volume of 2,488,324. Unilever PLC has a fifty-two week low of $54.32 and a fifty-two week high of $65.87. The firm's fifty day moving average is $62.34 and its 200-day moving average is $59.26. The company has a market cap of $154.91 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 1.60 and a beta of 0.44.

Unilever Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 16th will be issued a dividend of $0.5151 per share. This represents a $2.06 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend is Friday, May 16th. This is an increase from Unilever's previous quarterly dividend of $0.47. Unilever's dividend payout ratio (DPR) is currently 59.03%.

Analyst Ratings Changes

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