MGO One Seven LLC Acquires 8,425 Shares of Unilever PLC (NYSE:UL)

MGO One Seven LLC lifted its holdings in Unilever PLC (NYSE:UL - Free Report) by 28.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,546 shares of the company's stock after acquiring an additional 8,425 shares during the period. MGO One Seven LLC's holdings in Unilever were worth $2,186,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Pinion Investment Advisors LLC lifted its holdings in shares of Unilever by 2.0% during the 4th quarter. Pinion Investment Advisors LLC now owns 9,250 shares of the company's stock worth $524,000 after acquiring an additional 177 shares during the period. Tyler Stone Wealth Management boosted its holdings in shares of Unilever by 2.8% in the 4th quarter. Tyler Stone Wealth Management now owns 6,576 shares of the company's stock valued at $373,000 after purchasing an additional 180 shares in the last quarter. Ausdal Financial Partners Inc. increased its stake in shares of Unilever by 1.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 9,956 shares of the company's stock valued at $565,000 after purchasing an additional 181 shares during the last quarter. Farmers & Merchants Investments Inc. raised its holdings in shares of Unilever by 3.4% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company's stock worth $320,000 after buying an additional 185 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its position in shares of Unilever by 6.7% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,966 shares of the company's stock worth $168,000 after buying an additional 185 shares during the last quarter. 9.67% of the stock is owned by institutional investors.

Unilever Stock Performance

Shares of NYSE:UL traded up $0.24 during mid-day trading on Wednesday, reaching $63.38. 1,148,649 shares of the company's stock were exchanged, compared to its average volume of 2,562,755. The firm has a market capitalization of $156.29 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 1.60 and a beta of 0.42. Unilever PLC has a twelve month low of $51.45 and a twelve month high of $65.87. The business's fifty day moving average price is $59.78 and its 200-day moving average price is $58.83.

Unilever Increases Dividend

The business also recently declared 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 dividend yield of 3.25%. The ex-dividend date is Friday, May 16th. This is a positive change from Unilever's previous quarterly dividend of $0.47. Unilever's payout ratio is 59.03%.

Analysts Set New Price Targets

A number of research firms have issued reports on UL. Sanford C. Bernstein upgraded Unilever from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. DZ Bank raised shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Royal Bank of Canada downgraded shares of Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Finally, StockNews.com raised shares of Unilever from a "hold" rating to a "buy" rating in a research note on Monday. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $66.33.

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.