Wynn Capital LLC Buys 255 Shares of Unilever PLC (NYSE:UL)

Wynn Capital LLC increased its stake in Unilever PLC (NYSE:UL) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,845 shares of the company’s stock after buying an additional 255 shares during the period. Wynn Capital LLC’s holdings in Unilever were worth $1,003,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UL. Raymond James Financial Inc. bought a new position in Unilever in the fourth quarter worth about $176,806,000. Norges Bank bought a new position in Unilever in the fourth quarter worth about $153,606,000. Clearbridge Investments LLC raised its stake in Unilever by 140.1% in the fourth quarter. Clearbridge Investments LLC now owns 3,719,284 shares of the company’s stock worth $210,883,000 after buying an additional 2,170,242 shares in the last quarter. Fisher Asset Management LLC raised its stake in Unilever by 7.3% in the fourth quarter. Fisher Asset Management LLC now owns 17,940,963 shares of the company’s stock worth $1,017,253,000 after buying an additional 1,214,563 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Unilever by 401.5% in the fourth quarter. JPMorgan Chase & Co. now owns 1,465,523 shares of the company’s stock worth $83,095,000 after buying an additional 1,173,298 shares in the last quarter. 9.67% of the stock is owned by institutional investors.

Unilever Stock Down 0.1%

NYSE:UL opened at $63.03 on Friday. The company’s 50 day moving average price is $62.40 and its 200-day moving average price is $59.31. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.87. The stock has a market cap of $154.91 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 1.60 and a beta of 0.43.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors 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 is a boost from Unilever’s previous quarterly dividend of $0.47. This represents a $2.06 annualized dividend and a yield of 3.27%. Unilever’s dividend payout ratio is 59.03%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on UL shares. BNP Paribas raised shares of Unilever to a “strong-buy” rating in a research note on Thursday, May 29th. BNP Paribas Exane assumed coverage on shares of Unilever in a report on Thursday, May 29th. They issued an “outperform” rating and a $73.00 price objective on the stock. Wall Street Zen cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, May 6th. UBS Group upgraded shares of Unilever from a “strong sell” rating to a “hold” rating in a report on Friday, May 2nd. Finally, DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $70.67.

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.