Unilever PLC (NYSE:UL) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors decreased its position in shares of Unilever PLC (NYSE:UL - Free Report) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 862,299 shares of the company's stock after selling 9,953 shares during the period. Captrust Financial Advisors' holdings in Unilever were worth $48,892,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UL. Golden State Wealth Management LLC acquired a new position in Unilever in the 4th quarter valued at about $26,000. Financial Life Planners purchased a new stake in shares of Unilever during the fourth quarter worth approximately $28,000. VSM Wealth Advisory LLC acquired a new stake in shares of Unilever during the fourth quarter worth $28,000. Roxbury Financial LLC purchased a new position in Unilever in the 4th quarter valued at $30,000. Finally, Mainstream Capital Management LLC acquired a new position in Unilever in the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 9.67% of the company's stock.

Unilever Price Performance

UL opened at $63.47 on Tuesday. The stock's 50 day simple moving average is $60.36 and its 200 day simple moving average is $58.81. The stock has a market cap of $156.53 billion, a P/E ratio of 18.19, a P/E/G ratio of 1.60 and a beta of 0.44. Unilever PLC has a 1-year low of $51.90 and a 1-year high of $65.87.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 16th will be given a $0.5151 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.25%. This is a boost from Unilever's previous quarterly dividend of $0.47. Unilever's dividend payout ratio (DPR) is currently 59.03%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on UL shares. Sanford C. Bernstein upgraded shares of Unilever from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. UBS Group raised Unilever from a "strong sell" rating to a "hold" rating in a report on Friday. DZ Bank raised Unilever from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Royal Bank of Canada downgraded Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Finally, StockNews.com lowered Unilever from a "buy" rating to a "hold" rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $66.33.

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.

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