U.S. Capital Wealth Advisors LLC Has $1.50 Million Holdings in Unilever PLC (NYSE:UL)

U.S. Capital Wealth Advisors LLC lifted its stake in Unilever PLC (NYSE:UL - Free Report) by 257.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,183 shares of the company's stock after buying 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 reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Callan Capital LLC boosted its position in shares of Unilever by 29.2% during the 1st quarter. Callan Capital LLC now owns 11,453 shares of the company's stock valued at $682,000 after acquiring an additional 2,587 shares in the last quarter. Capital Advisors Inc. OK boosted its holdings in Unilever by 2.5% during the first quarter. Capital Advisors Inc. OK now owns 624,126 shares of the company's stock valued at $37,167,000 after purchasing an additional 15,239 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Unilever by 2.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 3,925,891 shares of the company's stock valued at $233,787,000 after purchasing an additional 95,359 shares during the period. Hexagon Capital Partners LLC raised its holdings in shares of Unilever by 10.4% in the 1st quarter. Hexagon Capital Partners LLC now owns 5,452 shares of the company's stock worth $325,000 after buying an additional 512 shares in the last quarter. Finally, Tradewinds LLC. lifted its position in shares of Unilever by 8.4% during the 1st quarter. Tradewinds LLC. now owns 3,694 shares of the company's stock worth $220,000 after buying an additional 286 shares during the period. 9.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on UL. BNP Paribas Exane assumed coverage on Unilever in a research note on Thursday, May 29th. They set an "outperform" rating and a $73.00 price objective for the company. Wall Street Zen cut shares of Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. UBS Group upgraded shares of Unilever from a "strong sell" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, BNP Paribas raised shares of Unilever to a "strong-buy" rating in a report on Thursday, May 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Unilever has a consensus rating of "Moderate Buy" and a consensus target price of $70.67.

Unilever Stock Performance

UL traded up $0.64 during mid-day trading on Thursday, reaching $61.44. The stock had a trading volume of 1,971,176 shares, compared to its average volume of 2,488,261. The firm's fifty day simple moving average is $62.45 and its two-hundred day simple moving average is $59.77. The stock has a market capitalization of $150.80 billion, a P/E ratio of 17.60, a P/E/G ratio of 3.78 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 firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 16th were given a dividend of $0.5151 per share. This is a boost 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 dividend yield of 3.35%. Unilever's payout ratio is currently 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.