May Hill Capital LLC Purchases New Position in Unilever PLC (NYSE:UL)

May Hill Capital LLC acquired a new stake in Unilever PLC (NYSE:UL - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,213 shares of the company's stock, valued at approximately $296,000.

Several other large investors also recently modified their holdings of the stock. Thrivent Financial for Lutherans increased its stake in shares of Unilever by 14.8% during the third quarter. Thrivent Financial for Lutherans now owns 15,539 shares of the company's stock worth $1,009,000 after purchasing an additional 2,001 shares during the period. Charles Schwab Investment Management Inc. increased its position in Unilever by 26.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 151,027 shares of the company's stock worth $9,811,000 after buying an additional 31,186 shares during the period. BNP Paribas Financial Markets increased its position in Unilever by 1,515.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 57,090 shares of the company's stock worth $3,709,000 after buying an additional 53,555 shares during the period. Benjamin Edwards Inc. bought a new stake in shares of Unilever in the third quarter valued at about $1,188,000. Finally, Hilltop Holdings Inc. boosted its position in shares of Unilever by 42.7% in the third quarter. Hilltop Holdings Inc. now owns 19,307 shares of the company's stock valued at $1,254,000 after acquiring an additional 5,774 shares during the period. 9.67% of the stock is owned by institutional investors.

Unilever Price Performance

NYSE:UL traded up $2.74 during mid-day trading on Thursday, reaching $62.60. The stock had a trading volume of 6,598,592 shares, compared to its average volume of 2,552,268. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The stock has a market capitalization of $155.06 billion, a PE ratio of 17.94, a P/E/G ratio of 1.60 and a beta of 0.42. The stock has a 50-day simple moving average of $57.94 and a two-hundred day simple moving average of $59.16.

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Unilever Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 28th were paid a $0.4674 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.87 annualized dividend and a dividend yield of 2.99%. Unilever's payout ratio is 53.01%.

Analyst Ratings Changes

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

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.