Wealthcare Advisory Partners LLC purchased a new position in shares of Unilever PLC (NYSE:UL) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,368 shares of the company’s stock, valued at approximately $76,000.
A number of other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. boosted its position in Unilever by 13,019.3% in the fourth quarter. BlackRock Inc. now owns 18,772,198 shares of the company’s stock worth $1,133,090,000 after purchasing an additional 18,629,110 shares during the last quarter. Gardner Russo & Gardner LLC purchased a new position in Unilever in the fourth quarter worth $673,353,000. Wells Fargo & Company MN boosted its position in Unilever by 199.6% in the fourth quarter. Wells Fargo & Company MN now owns 6,530,946 shares of the company’s stock worth $394,208,000 after purchasing an additional 4,351,317 shares during the last quarter. Norges Bank purchased a new position in Unilever in the fourth quarter worth $364,824,000. Finally, Morgan Stanley boosted its position in Unilever by 54.6% in the fourth quarter. Morgan Stanley now owns 4,301,058 shares of the company’s stock worth $259,612,000 after purchasing an additional 1,519,308 shares during the last quarter.
Shares of NYSE UL opened at $60.59 on Friday. Unilever PLC has a one year low of $50.23 and a one year high of $63.89. The business’s fifty day moving average price is $57.52 and its 200-day moving average price is $57.86. The stock has a market capitalization of $159.31 billion, a PE ratio of 21.19, a P/E/G ratio of 4.19 and a beta of 0.44.
Several research firms have weighed in on UL. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a research report on Tuesday, April 13th. Societe Generale reaffirmed a “sell” rating on shares of Unilever in a research report on Wednesday, April 14th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $69.00.
Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmÃ©, and Vaseline brands.
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