Clare Market Investments LLC Invests $464,000 in Unilever PLC $UL

Clare Market Investments LLC bought a new position in shares of Unilever PLC (NYSE:UL) during the first quarter, Holdings Channel.com reports. The fund bought 8,141 shares of the company’s stock, valued at approximately $464,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Cohen Investment Advisors LLC grew its holdings in Unilever by 2.9% during the 1st quarter. Cohen Investment Advisors LLC now owns 6,753 shares of the company’s stock worth $385,000 after acquiring an additional 192 shares in the last quarter. Kiley Juergens Wealth Management LLC acquired a new stake in shares of Unilever in the 1st quarter valued at $246,000. Kathmere Capital Management LLC lifted its position in shares of Unilever by 9.9% during the 1st quarter. Kathmere Capital Management LLC now owns 8,428 shares of the company’s stock worth $480,000 after purchasing an additional 761 shares during the last quarter. Abel Hall LLC lifted its position in shares of Unilever by 108.3% during the 1st quarter. Abel Hall LLC now owns 11,127 shares of the company’s stock worth $634,000 after purchasing an additional 5,785 shares during the last quarter. Finally, Stephens Inc. AR grew its stake in shares of Unilever by 2.4% during the first quarter. Stephens Inc. AR now owns 53,861 shares of the company’s stock worth $3,068,000 after purchasing an additional 1,248 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on UL. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Zacks Research downgraded Unilever from a “hold” rating to a “strong sell” rating in a report on Monday, June 29th. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Monday. DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Finally, Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Unilever has an average rating of “Hold” and an average target price of $65.55.

Unilever Trading Up 1.7%

Shares of NYSE UL opened at $62.65 on Wednesday. Unilever PLC has a twelve month low of $54.75 and a twelve month high of $74.97. The stock has a 50 day moving average of $58.30 and a two-hundred day moving average of $62.64.

Unilever Profile

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.