Unilever PLC (NYSE:UL) Position Boosted by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC grew its position in shares of Unilever PLC (NYSE:UL - Free Report) by 36.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,058 shares of the company's stock after buying an additional 4,259 shares during the period. Integrated Wealth Concepts LLC's holdings in Unilever were worth $910,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in UL. Mar Vista Investment Partners LLC grew its position in shares of Unilever by 31.1% during the 4th quarter. Mar Vista Investment Partners LLC now owns 561,274 shares of the company's stock valued at $31,824,000 after buying an additional 133,147 shares during the last quarter. MGO One Seven LLC grew its holdings in shares of Unilever by 28.0% during the fourth quarter. MGO One Seven LLC now owns 38,546 shares of the company's stock valued at $2,186,000 after purchasing an additional 8,425 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of Unilever by 56.3% during the 4th quarter. Hsbc Holdings PLC now owns 95,809 shares of the company's stock worth $5,434,000 after purchasing an additional 34,522 shares during the period. Stifel Financial Corp lifted its holdings in shares of Unilever by 20.1% in the 4th quarter. Stifel Financial Corp now owns 527,458 shares of the company's stock worth $29,907,000 after purchasing an additional 88,404 shares during the last quarter. Finally, OneDigital Investment Advisors LLC lifted its holdings in shares of Unilever by 15.0% in the 4th quarter. OneDigital Investment Advisors LLC now owns 29,151 shares of the company's stock worth $1,653,000 after purchasing an additional 3,800 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on UL. UBS Group raised Unilever from a "strong sell" rating to a "hold" rating in a research report on Friday. StockNews.com raised shares of Unilever from a "hold" rating to a "buy" rating in a report on Monday, April 28th. Royal Bank of Canada downgraded shares of Unilever from a "sector perform" rating to an "underperform" rating in a research report on Monday, January 6th. DZ Bank upgraded shares of Unilever from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Finally, Sanford C. Bernstein raised Unilever from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Unilever has a consensus rating of "Moderate Buy" and an average target price of $66.33.

Unilever Stock Performance

Shares of NYSE:UL traded up $0.48 during trading on Friday, reaching $63.47. The company had a trading volume of 1,978,209 shares, compared to its average volume of 2,552,026. The firm's fifty day moving average is $60.21 and its 200 day moving average is $58.87. The firm has a market capitalization of $156.53 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 1.60 and a beta of 0.44. Unilever PLC has a twelve month low of $51.90 and a twelve month high of $65.87.

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 given a $0.5151 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 3.25%. This is an increase from Unilever's previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Friday, May 16th. Unilever's dividend payout ratio is 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.