Stratos Wealth Partners LTD. Buys 1,118 Shares of Unilever PLC (NYSE:UL)

Stratos Wealth Partners LTD. raised its stake in shares of Unilever PLC (NYSE:UL) by 13.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 9,432 shares of the company’s stock after purchasing an additional 1,118 shares during the period. Stratos Wealth Partners LTD.’s holdings in Unilever were worth $535,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UL. Financial Life Planners bought a new stake in Unilever during the 4th quarter valued at approximately $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Unilever during the third quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after buying an additional 405 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Unilever during the third quarter worth $40,000. Finally, Union Bancaire Privee UBP SA purchased a new position in Unilever during the fourth quarter valued at $40,000. Institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $61.75.

Unilever Price Performance

NYSE UL opened at $58.86 on Wednesday. The business’s 50 day moving average price is $57.30 and its 200-day moving average price is $60.40. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87.

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.