Washington Trust Bank acquired a new position in shares of Unilever PLC (NYSE:UL - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 4,400 shares of the company's stock, valued at approximately $262,000.
Other institutional investors have also modified their holdings of the company. VSM Wealth Advisory LLC purchased a new stake in shares of Unilever during the 4th quarter worth $28,000. Vermillion Wealth Management Inc. acquired a new stake in Unilever during the 4th quarter worth $30,000. Murphy & Mullick Capital Management Corp acquired a new stake in Unilever during the 4th quarter worth $39,000. Accredited Wealth Management LLC acquired a new stake in Unilever during the 4th quarter worth $43,000. Finally, Greenline Partners LLC acquired a new stake in Unilever during the 4th quarter worth $58,000. 9.67% of the stock is owned by hedge funds and other institutional investors.
Unilever Stock Performance
NYSE UL traded down $0.79 during trading on Friday, reaching $60.69. The company's stock had a trading volume of 585,714 shares, compared to its average volume of 2,480,169. Unilever PLC has a twelve month low of $54.32 and a twelve month high of $65.87. The business's fifty day moving average price is $62.42 and its 200-day moving average price is $59.80. The firm has a market cap of $148.96 billion, a price-to-earnings ratio of 17.40, a P/E/G ratio of 3.86 and a beta of 0.41.
Unilever Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 16th were paid a dividend of $0.5151 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.40%. This is a positive change from Unilever's previous quarterly dividend of $0.47. The ex-dividend date was Friday, May 16th. Unilever's payout ratio is 59.03%.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. UBS Group upgraded shares of Unilever from a "strong sell" rating to a "hold" rating in a research note on Friday, May 2nd. BNP Paribas upgraded shares of Unilever to a "strong-buy" rating in a research note on Thursday, May 29th. BNP Paribas Exane began coverage on shares of Unilever in a research note on Thursday, May 29th. They set an "outperform" rating and a $73.00 price target on the stock. Finally, Wall Street Zen lowered shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $70.67.
Get Our Latest Stock Report on Unilever
Unilever Company Profile
(
Free Report)
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.
See Also

Before you consider Unilever, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Unilever wasn't on the list.
While Unilever currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.