Capital Advisors Inc. OK Makes New Investment in Unilever N.V. (NYSE:UL)

Capital Advisors Inc. OK acquired a new position in Unilever N.V. (NYSE:UL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 378,788 shares of the company’s stock, valued at approximately $22,886,000.

A number of other institutional investors have also bought and sold shares of the business. Toronto Dominion Bank increased its stake in Unilever by 24.8% during the 2nd quarter. Toronto Dominion Bank now owns 4,120 shares of the company’s stock worth $227,000 after acquiring an additional 820 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Unilever by 18.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 122,093 shares of the company’s stock valued at $6,702,000 after purchasing an additional 18,820 shares in the last quarter. Neuberger Berman Group LLC boosted its holdings in shares of Unilever by 35.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 49,468 shares of the company’s stock valued at $2,715,000 after purchasing an additional 12,971 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of Unilever in the 2nd quarter valued at $212,000. Finally, Stephens Inc. AR boosted its holdings in shares of Unilever by 23.8% in the 2nd quarter. Stephens Inc. AR now owns 92,517 shares of the company’s stock valued at $5,077,000 after purchasing an additional 17,779 shares in the last quarter. 7.61% of the stock is currently owned by institutional investors.

Shares of UL stock traded up $0.71 during mid-day trading on Tuesday, hitting $62.47. The stock had a trading volume of 978,608 shares, compared to its average volume of 1,330,047. Unilever N.V. has a fifty-two week low of $44.06 and a fifty-two week high of $62.94. The firm has a market cap of $72.17 billion, a PE ratio of 21.88 and a beta of 0.46. The company’s 50-day simple moving average is $60.25 and its 200-day simple moving average is $54.97.

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Friday, August 7th were paid a $0.4694 dividend. This represents a $1.88 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend was Thursday, August 6th. This is a boost from Unilever’s previous quarterly dividend of $0.44. Unilever’s dividend payout ratio (DPR) is 65.03%.

A number of brokerages have weighed in on UL. Societe Generale reaffirmed a “sell” rating on shares of Unilever in a report on Thursday, June 4th. Morgan Stanley reissued a “sell” rating on shares of Unilever in a report on Wednesday, July 8th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever in a report on Thursday, July 2nd. UBS Group cut shares of Unilever from a “neutral” rating to a “sell” rating in a report on Monday, June 29th. Finally, Zacks Investment Research raised shares of Unilever from a “hold” rating to a “buy” rating and set a $68.00 target price for the company in a report on Wednesday, August 26th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $56.50.

About Unilever

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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