Capital Advisors Inc. OK Grows Stock Position in Unilever PLC $UL

Capital Advisors Inc. OK grew its holdings in shares of Unilever PLC (NYSE:UL) by 4.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 650,314 shares of the company’s stock after purchasing an additional 26,188 shares during the quarter. Capital Advisors Inc. OK’s holdings in Unilever were worth $39,780,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UL. Brighton Jones LLC increased its position in shares of Unilever by 5.4% during the 4th quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock valued at $599,000 after purchasing an additional 539 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Unilever by 4.1% during the 1st quarter. Sivia Capital Partners LLC now owns 8,189 shares of the company’s stock valued at $488,000 after purchasing an additional 319 shares during the last quarter. Clean Yield Group increased its position in shares of Unilever by 0.7% during the 1st quarter. Clean Yield Group now owns 145,458 shares of the company’s stock valued at $8,662,000 after purchasing an additional 955 shares during the last quarter. UMB Bank n.a. increased its position in shares of Unilever by 13.0% during the 1st quarter. UMB Bank n.a. now owns 11,322 shares of the company’s stock valued at $674,000 after purchasing an additional 1,304 shares during the last quarter. Finally, Wedmont Private Capital increased its position in shares of Unilever by 3.8% during the 1st quarter. Wedmont Private Capital now owns 5,418 shares of the company’s stock valued at $335,000 after purchasing an additional 198 shares during the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Trading Up 0.2%

Shares of NYSE:UL opened at $59.04 on Monday. Unilever PLC has a 12-month low of $54.32 and a 12-month high of $65.66. The company has a market cap of $144.85 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 3.55 and a beta of 0.40. The stock has a 50 day moving average of $61.46 and a 200 day moving average of $61.62.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 15th were paid a $0.5175 dividend. This represents a $2.07 annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, August 15th. This is a positive change from Unilever’s previous quarterly dividend of $0.52. Unilever’s dividend payout ratio is currently 59.31%.

Analyst Ratings Changes

UL has been the subject of several research reports. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. CICC Research initiated coverage on Unilever in a research note on Thursday, August 21st. They set an “outperform” rating for the company. Zacks Research upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research note on Saturday, September 27th. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $73.00.

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.