Nwam LLC Invests $680,000 in Unilever PLC $UL

Nwam LLC acquired a new stake in Unilever PLC (NYSE:UL) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,942 shares of the company’s stock, valued at approximately $680,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hartford Funds Management Co LLC raised its stake in shares of Unilever by 5.5% during the 1st quarter. Hartford Funds Management Co LLC now owns 13,923 shares of the company’s stock worth $793,000 after buying an additional 728 shares during the last quarter. Blake Schutter Theil Wealth Advisors LLC increased its holdings in Unilever by 3.2% during the 1st quarter. Blake Schutter Theil Wealth Advisors LLC now owns 5,754 shares of the company’s stock valued at $328,000 after acquiring an additional 180 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Unilever by 12.3% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,896 shares of the company’s stock valued at $336,000 after acquiring an additional 645 shares in the last quarter. Bleakley Financial Group LLC raised its position in Unilever by 9.3% during the first quarter. Bleakley Financial Group LLC now owns 97,216 shares of the company’s stock worth $5,538,000 after acquiring an additional 8,250 shares during the last quarter. Finally, Absher Wealth Management LLC raised its position in Unilever by 11.8% during the first quarter. Absher Wealth Management LLC now owns 5,913 shares of the company’s stock worth $337,000 after acquiring an additional 622 shares during the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on UL. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Zacks Research downgraded Unilever from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Finally, Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $65.55.

Unilever Price Performance

NYSE:UL opened at $62.72 on Friday. The firm has a 50 day simple moving average of $58.77 and a 200-day simple moving average of $62.45. Unilever PLC has a 1-year low of $54.75 and a 1-year high of $74.97.

About Unilever

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.