Crux Wealth Advisors Purchases Shares of 6,605 Unilever PLC (NYSE:UL)

Crux Wealth Advisors acquired a new position in Unilever PLC (NYSE:UL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,605 shares of the company's stock, valued at approximately $375,000.

A number of other hedge funds have also bought and sold shares of the business. May Hill Capital LLC bought a new position in shares of Unilever in the fourth quarter worth $296,000. Auxano Advisors LLC boosted its stake in Unilever by 1.7% in the 4th quarter. Auxano Advisors LLC now owns 30,840 shares of the company's stock worth $1,749,000 after purchasing an additional 522 shares during the period. Stonegate Investment Group LLC grew its holdings in Unilever by 155.2% during the 4th quarter. Stonegate Investment Group LLC now owns 8,415 shares of the company's stock valued at $477,000 after buying an additional 5,117 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in Unilever by 1.5% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 655,964 shares of the company's stock valued at $37,193,000 after buying an additional 9,528 shares in the last quarter. Finally, Choreo LLC increased its position in shares of Unilever by 17.4% during the fourth quarter. Choreo LLC now owns 43,210 shares of the company's stock valued at $2,452,000 after buying an additional 6,404 shares during the period. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on UL shares. DZ Bank raised shares of Unilever from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Royal Bank of Canada cut shares of Unilever from a "sector perform" rating to an "underperform" rating in a report on Monday, January 6th. Sanford C. Bernstein raised Unilever from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Finally, StockNews.com upgraded Unilever from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $66.33.

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Unilever Trading Down 0.2 %

Shares of UL traded down $0.14 during midday trading on Tuesday, reaching $62.10. The stock had a trading volume of 2,274,225 shares, compared to its average volume of 2,614,070. The company has a market capitalization of $153.83 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42. The company's 50-day moving average is $58.38 and its 200 day moving average is $58.81. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87.

Unilever Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were paid a $0.4674 dividend. This represents a $1.87 annualized dividend and a yield of 3.01%. The ex-dividend date was Friday, February 28th. Unilever's dividend payout ratio is currently 53.01%.

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.