Barclays PLC increased its position in shares of Unilever PLC (NYSE:UL – Free Report) by 77.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,199 shares of the company’s stock after acquiring an additional 957 shares during the period. Barclays PLC’s holdings in Unilever were worth $144,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. M&T Bank Corp raised its position in Unilever by 0.7% during the third quarter. M&T Bank Corp now owns 639,518 shares of the company’s stock valued at $41,543,000 after buying an additional 4,398 shares during the period. Rehmann Capital Advisory Group raised its holdings in shares of Unilever by 8.3% during the third quarter. Rehmann Capital Advisory Group now owns 7,402 shares of the company’s stock worth $483,000 after acquiring an additional 570 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in Unilever by 13.9% during the third quarter. Coldstream Capital Management Inc. now owns 17,133 shares of the company’s stock valued at $1,113,000 after purchasing an additional 2,089 shares during the last quarter. Guardian Wealth Management Inc. grew its stake in Unilever by 2.3% in the third quarter. Guardian Wealth Management Inc. now owns 26,567 shares of the company’s stock valued at $1,726,000 after purchasing an additional 587 shares in the last quarter. Finally, Abel Hall LLC purchased a new position in Unilever in the third quarter valued at about $229,000. 9.67% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on UL. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Unilever has an average rating of “Hold” and a consensus target price of $61.75.
Unilever Stock Down 1.6 %
Shares of UL stock opened at $56.02 on Thursday. The stock has a 50-day moving average of $57.56 and a 200-day moving average of $60.37. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.
About Unilever
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.
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