Quantinno Capital Management LP Increases Position in Unilever PLC (NYSE:UL)

Quantinno Capital Management LP increased its position in Unilever PLC (NYSE:UL - Free Report) by 32.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 147,724 shares of the company's stock after buying an additional 36,280 shares during the quarter. Quantinno Capital Management LP's holdings in Unilever were worth $8,376,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in UL. Barclays PLC raised its position in shares of Unilever by 77.1% in the 3rd quarter. Barclays PLC now owns 2,199 shares of the company's stock worth $144,000 after buying an additional 957 shares during the period. Kathmere Capital Management LLC purchased a new position in shares of Unilever in the 4th quarter worth $227,000. Park Avenue Securities LLC raised its position in shares of Unilever by 21.3% in the 4th quarter. Park Avenue Securities LLC now owns 47,269 shares of the company's stock worth $2,680,000 after buying an additional 8,313 shares during the period. Essex Savings Bank raised its position in shares of Unilever by 5.2% in the 4th quarter. Essex Savings Bank now owns 4,628 shares of the company's stock worth $262,000 after buying an additional 228 shares during the period. Finally, Contravisory Investment Management Inc. purchased a new position in shares of Unilever in the 4th quarter worth $197,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UL has been the topic of several research reports. DZ Bank raised Unilever from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. UBS Group raised Unilever from a "strong sell" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, StockNews.com lowered Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $69.50.

Unilever Trading Down 0.1%

NYSE:UL traded down $0.06 during mid-day trading on Friday, hitting $61.78. The company had a trading volume of 1,690,425 shares, compared to its average volume of 2,520,684. The business has a fifty day simple moving average of $61.07 and a 200-day simple moving average of $58.84. Unilever PLC has a 1 year low of $53.50 and a 1 year high of $65.87. The firm has a market capitalization of $152.37 billion, a price-to-earnings ratio of 17.70, a PEG ratio of 1.60 and a beta of 0.44.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 16th will be given a dividend of $0.5151 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.33%. This is a positive change from Unilever's previous quarterly dividend of $0.47. The ex-dividend date is Friday, May 16th. Unilever's payout ratio is presently 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.