Cottonwood Capital Advisors LLC Buys 292 Shares of Unilever PLC (NYSE:UL)

Cottonwood Capital Advisors LLC grew its stake in shares of Unilever PLC (NYSE:UL) by 7.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,013 shares of the company’s stock after purchasing an additional 292 shares during the quarter. Cottonwood Capital Advisors LLC’s holdings in Unilever were worth $239,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in UL. VSM Wealth Advisory LLC bought a new stake in Unilever during the fourth quarter worth $28,000. Vermillion Wealth Management Inc. acquired a new position in shares of Unilever during the 4th quarter worth about $30,000. Mainstream Capital Management LLC acquired a new position in shares of Unilever during the 4th quarter worth about $31,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Unilever in the 4th quarter valued at about $39,000. Finally, Union Bancaire Privee UBP SA acquired a new stake in Unilever in the 4th quarter valued at about $40,000. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of Unilever stock opened at $61.30 on Thursday. 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 $150.47 billion, a PE ratio of 17.56, a PEG ratio of 3.47 and a beta of 0.43. The firm has a 50-day moving average of $62.96 and a 200-day moving average of $59.59.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 16th were issued a dividend of $0.5151 per share. The ex-dividend date was 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 dividend yield of 3.36%. Unilever’s dividend payout ratio (DPR) is currently 59.03%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on UL. BNP Paribas upgraded Unilever to a “strong-buy” rating in a report on Thursday, May 29th. BNP Paribas Exane initiated coverage on Unilever in a report on Thursday, May 29th. They set an “outperform” rating and a $73.00 target price on the stock. Wall Street Zen cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. Finally, UBS Group raised shares of Unilever from a “strong sell” rating to a “hold” rating in a report on Friday, May 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $70.67.

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.