3,579 Shares in Unilever PLC $UL Bought by Western Wealth Management LLC

Western Wealth Management LLC acquired a new stake in Unilever PLC (NYSE:UL) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,579 shares of the company’s stock, valued at approximately $219,000.

A number of other hedge funds have also made changes to their positions in the business. Financial Gravity Companies Inc. purchased a new stake in Unilever in the second quarter valued at approximately $2,405,000. Avantax Advisory Services Inc. increased its position in shares of Unilever by 5.7% in the second quarter. Avantax Advisory Services Inc. now owns 68,822 shares of the company’s stock valued at $4,210,000 after buying an additional 3,735 shares in the last quarter. ProVise Management Group LLC lifted its holdings in shares of Unilever by 4.8% in the second quarter. ProVise Management Group LLC now owns 195,066 shares of the company’s stock valued at $11,932,000 after purchasing an additional 8,993 shares in the last quarter. Cetera Investment Advisers grew its holdings in Unilever by 5.5% during the 2nd quarter. Cetera Investment Advisers now owns 252,984 shares of the company’s stock valued at $15,475,000 after buying an additional 13,182 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Unilever during the 2nd quarter worth about $297,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of NYSE:UL opened at $58.85 on Thursday. The company’s fifty day moving average is $60.74 and its 200-day moving average is $61.55. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.66.

Analysts Set New Price Targets

A number of brokerages have recently commented on UL. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research note on Wednesday, November 5th. CICC Research started coverage on shares of Unilever in a report on Thursday, August 21st. They set an “outperform” rating for the company. Finally, Zacks Research cut Unilever from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $73.00.

Unilever 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.