Wynn Capital LLC Acquires 380 Shares of Unilever PLC (NYSE:UL)

Wynn Capital LLC increased its stake in Unilever PLC (NYSE:UL) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,590 shares of the company’s stock after purchasing an additional 380 shares during the quarter. Wynn Capital LLC’s holdings in Unilever were worth $941,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Abich Financial Wealth Management LLC raised its stake in shares of Unilever by 393.5% in the second quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock worth $29,000 after buying an additional 425 shares during the period. E Fund Management Hong Kong Co. Ltd. purchased a new position in Unilever during the third quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. boosted its position in shares of Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after purchasing an additional 405 shares during the period. Brooklyn Investment Group bought a new position in shares of Unilever in the third quarter worth approximately $40,000. Finally, Coastline Trust Co purchased a new stake in shares of Unilever in the third quarter worth $48,000. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Trading Down 0.5 %

Shares of NYSE:UL opened at $54.74 on Wednesday. The company has a market cap of $135.64 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.80 and a beta of 0.49. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The company has a 50-day moving average price of $57.86 and a 200 day moving average price of $60.35.

Unilever Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were issued a dividend of $0.4755 per share. This represents a $1.90 annualized dividend and a yield of 3.47%. The ex-dividend date was Friday, November 8th. This is a positive change from Unilever’s previous quarterly dividend of $0.35. Unilever’s dividend payout ratio is presently 56.63%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Erste Group Bank restated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Finally, Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $61.75.

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.