Capital Advisors Inc. OK Has $16.95 Million Stake in Unilever PLC (NYSE:UL)

Capital Advisors Inc. OK cut its holdings in Unilever PLC (NYSE:ULGet Rating) by 23.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 371,948 shares of the company’s stock after selling 113,888 shares during the period. Capital Advisors Inc. OK’s holdings in Unilever were worth $16,950,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Citizens National Bank Trust Department bought a new position in shares of Unilever in the fourth quarter valued at $27,000. Cornerstone Advisory LLC bought a new stake in Unilever in the fourth quarter worth about $27,000. Sageworth Trust Co of South Dakota purchased a new position in Unilever in the fourth quarter valued at approximately $29,000. Life Planning Partners Inc bought a new position in Unilever during the fourth quarter worth about $30,000. Finally, Pinnacle Bancorp Inc. boosted its holdings in Unilever by 61.0% in the 1st quarter. Pinnacle Bancorp Inc. now owns 747 shares of the company’s stock worth $34,000 after buying an additional 283 shares during the period. 16.81% of the stock is owned by institutional investors and hedge funds.

Unilever Trading Down 0.5 %

NYSE UL traded down $0.24 on Thursday, reaching $48.20. 107,276 shares of the stock traded hands, compared to its average volume of 4,293,332. Unilever PLC has a 12 month low of $42.54 and a 12 month high of $58.16. The company has a fifty day moving average price of $45.59 and a 200-day moving average price of $47.05.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Friday, August 5th will be paid a $0.4555 dividend. The ex-dividend date of this dividend is Thursday, August 4th. This is a positive change from Unilever’s previous quarterly dividend of $0.45. This represents a $1.82 dividend on an annualized basis and a yield of 3.78%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Tuesday. DZ Bank cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday. Societe Generale cut shares of Unilever from a “buy” rating to a “sell” rating in a report on Monday, May 16th. Sanford C. Bernstein raised Unilever from a “market perform” rating to an “outperform” rating in a research note on Friday, July 22nd. Finally, StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a report on Wednesday, July 20th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Unilever has a consensus rating of “Hold”.

Unilever Company Profile

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Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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