Unilever Stock: Institutional Investors Ramp Up Purchases

Surge in Stake by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. made a bold move in the fourth quarter, increasing its stake in Unilever PLC by a whopping 217%. The investment firm now holds 2,729 shares, representing a significant increase of 1,868 shares during the period.

Other Notable Institutional Changes

Wealth Enhancement Advisory Services LLC, Baker Tilly Wealth Management LLC, First Hawaiian Bank, Range Financial Group LLC, and Diversified Trust Co all increased their holdings in Unilever by varying percentages, ranging from 0.4% to 218.9%.

"Institutional investors continue to bet on Unilever's long-term value," said Emily Carter, an analyst at FinSight Capital. "The company's strong global presence and diverse product portfolio make it an attractive investment."

Unilever Stock Performance and Analysts' Outlook

Unilever shares have fluctuated between $46.46 and $65.87 over the past year. The stock's current market capitalization stands at $136.63 billion, with a P/E ratio of 16.61 and a beta of 0.49.

While several research firms have assigned "hold" ratings to Unilever, analysts at MarketBeat still provide a consensus target price of $61.75, indicating potential upside.

Dividend Increase and Company Profile

Unilever recently announced a quarterly dividend of $0.4755, representing a 56.63% payout ratio. The stock has a dividend yield of 3.45%.

Unilever PLC, a multinational consumer goods giant, operates in various sectors worldwide. The company's extensive product portfolio includes everything from beauty products to ice cream.

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