MML Investors Services LLC Has $14.44 Million Stock Holdings in Unilever PLC (NYSE:UL)

MML Investors Services LLC boosted its position in Unilever PLC (NYSE:UL - Free Report) by 20.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 254,593 shares of the company's stock after buying an additional 42,351 shares during the quarter. MML Investors Services LLC's holdings in Unilever were worth $14,435,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in shares of Unilever in the fourth quarter worth about $26,000. Financial Life Planners acquired a new stake in Unilever in the 4th quarter valued at approximately $28,000. VSM Wealth Advisory LLC bought a new position in Unilever in the 4th quarter worth approximately $28,000. Roxbury Financial LLC acquired a new position in shares of Unilever during the fourth quarter worth approximately $30,000. Finally, Mainstream Capital Management LLC bought a new stake in shares of Unilever in the fourth quarter valued at approximately $31,000. Institutional investors own 9.67% of the company's stock.

Unilever Price Performance

Shares of Unilever stock traded up $0.38 during trading on Monday, hitting $63.00. 740,194 shares of the company's stock traded hands, compared to its average volume of 2,569,278. Unilever PLC has a twelve month low of $51.34 and a twelve month high of $65.87. The company has a market cap of $155.37 billion, a PE ratio of 18.06, a PEG ratio of 1.60 and a beta of 0.42. The firm's fifty day moving average price is $59.47 and its 200 day moving average price is $58.80.

Unilever Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 16th will be paid a $0.5151 dividend. This is a positive change from Unilever's previous quarterly dividend of $0.47. This represents a $2.06 annualized dividend and a dividend yield of 3.27%. The ex-dividend date of this dividend is Friday, May 16th. Unilever's dividend payout ratio is currently 59.03%.

Analysts Set New Price Targets

UL has been the subject of several research analyst reports. DZ Bank upgraded shares of Unilever from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Sanford C. Bernstein upgraded shares of Unilever from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. StockNews.com cut shares of Unilever from a "buy" rating to a "hold" rating in a research note on Friday, April 18th. Finally, Royal Bank of Canada lowered Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Two analysts have rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Unilever presently has a consensus rating of "Moderate Buy" and an average price target 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.