Union Bancaire Privee UBP SA Makes New Investment in Unilever PLC (NYSE:UL)

Union Bancaire Privee UBP SA purchased a new stake in Unilever PLC (NYSE:UL) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 706 shares of the company’s stock, valued at approximately $40,000.

A number of other institutional investors have also modified their holdings of the business. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Unilever during the third quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. boosted its position in Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after purchasing an additional 405 shares during the period. Brooklyn Investment Group acquired a new stake in Unilever in the third quarter worth $40,000. Coastline Trust Co bought a new stake in Unilever in the third quarter valued at $48,000. Finally, ST Germain D J Co. Inc. boosted its holdings in shares of Unilever by 62.8% during the third quarter. ST Germain D J Co. Inc. now owns 861 shares of the company’s stock valued at $56,000 after acquiring an additional 332 shares during the period. Institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

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

Unilever Stock Down 0.3 %

Shares of NYSE UL opened at $57.29 on Thursday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The stock has a fifty day moving average price of $57.50 and a two-hundred day moving average price of $60.39.

Unilever Company 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.