Unilever PLC (NYSE:UL) Shares Purchased by Long Run Wealth Advisors LLC

Long Run Wealth Advisors LLC raised its stake in Unilever PLC (NYSE:UL) by 9.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,900 shares of the company’s stock after acquiring an additional 1,923 shares during the quarter. Long Run Wealth Advisors LLC’s holdings in Unilever were worth $1,242,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Financial Life Planners acquired a new position in shares of Unilever in the fourth quarter worth $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Unilever in the third quarter valued at $35,000. Jamison Private Wealth Management Inc. grew its position 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 valued at $39,000 after purchasing an additional 405 shares during the period. Brooklyn Investment Group purchased a new stake in shares of Unilever in the third quarter valued at $40,000. Finally, Union Bancaire Privee UBP SA purchased a new stake in shares of Unilever in the fourth quarter valued at $40,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Price Performance

UL stock opened at $58.29 on Thursday. The stock has a 50-day moving average price of $57.43 and a two-hundred day moving average price of $60.39. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Finally, Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. 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 assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $61.75.

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.