Laurel Wealth Advisors LLC Purchases 2,648 Shares of Unilever PLC $UL

Laurel Wealth Advisors LLC raised its position in Unilever PLC (NYSE:UL) by 6,018.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,692 shares of the company’s stock after acquiring an additional 2,648 shares during the period. Laurel Wealth Advisors LLC’s holdings in Unilever were worth $165,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Timber Creek Capital Management LLC lifted its holdings in shares of Unilever by 2.2% during the 2nd quarter. Timber Creek Capital Management LLC now owns 40,736 shares of the company’s stock valued at $2,449,000 after purchasing an additional 896 shares during the last quarter. Aviso Financial Inc. increased its position in Unilever by 4.4% during the 2nd quarter. Aviso Financial Inc. now owns 34,430 shares of the company’s stock valued at $2,106,000 after buying an additional 1,445 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in Unilever by 6.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 83,033 shares of the company’s stock valued at $5,079,000 after buying an additional 4,915 shares in the last quarter. Insigneo Advisory Services LLC raised its stake in Unilever by 2.7% in the second quarter. Insigneo Advisory Services LLC now owns 9,366 shares of the company’s stock valued at $573,000 after buying an additional 248 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in Unilever in the second quarter worth about $593,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Trading Up 0.6%

Shares of NYSE:UL opened at $60.59 on Friday. Unilever PLC has a twelve month low of $54.32 and a twelve month high of $65.66. The company’s 50 day moving average is $60.44 and its 200 day moving average is $61.42.

Analysts Set New Price Targets

Several research firms have recently issued reports on UL. Zacks Research downgraded shares of Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research report on Wednesday, November 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Unilever in a research note on Tuesday. Finally, CICC Research assumed coverage on shares of Unilever in a research note on Thursday, August 21st. They set an “outperform” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $73.00.

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.