U.S. Capital Wealth Advisors LLC Purchases 18,145 Shares of Unilever PLC (NYSE:UL)

U.S. Capital Wealth Advisors LLC raised its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 257.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,183 shares of the company's stock after purchasing an additional 18,145 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Unilever were worth $1,500,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of equities analysts recently commented on UL shares. UBS Group raised Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. BNP Paribas raised Unilever to a "strong-buy" rating in a report on Thursday, May 29th. Wall Street Zen cut Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, BNP Paribas Exane started coverage on Unilever in a report on Thursday, May 29th. They issued an "outperform" rating and a $73.00 target price on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $70.67.

Unilever Price Performance

Shares of Unilever stock traded down $0.71 during trading on Friday, reaching $60.76. 2,015,443 shares of the stock traded hands, compared to its average volume of 2,480,506. The company has a market capitalization of $149.14 billion, a price-to-earnings ratio of 17.41, a P/E/G ratio of 3.86 and a beta of 0.41. The business has a fifty day simple moving average of $62.37 and a two-hundred day simple moving average of $59.85. 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 declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 16th were given a $0.5151 dividend. The ex-dividend date was Friday, May 16th. This represents a $2.06 annualized dividend and a yield of 3.39%. This is a positive change from Unilever's previous quarterly dividend of $0.47. Unilever's dividend payout ratio (DPR) is currently 59.03%.

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.