Nwam LLC boosted its holdings in Unilever PLC (NYSE:UL – Free Report) by 17.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 4,991 shares of the company’s stock after purchasing an additional 744 shares during the quarter. Nwam LLC’s holdings in Unilever were worth $260,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of UL. Syverson Strege & Co purchased a new stake in Unilever in the 1st quarter worth $25,000. Fortis Capital Advisors LLC purchased a new stake in Unilever in the 4th quarter worth $26,000. Covestor Ltd increased its stake in Unilever by 204.6% in the 1st quarter. Covestor Ltd now owns 667 shares of the company’s stock worth $30,000 after buying an additional 448 shares in the last quarter. Ten Capital Wealth Advisors LLC grew its position in shares of Unilever by 3,005.3% during the first quarter. Ten Capital Wealth Advisors LLC now owns 590 shares of the company’s stock valued at $31,000 after purchasing an additional 571 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of Unilever during the first quarter valued at about $38,000. Hedge funds and other institutional investors own 9.94% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on UL shares. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Saturday. Bank of America started coverage on Unilever in a research report on Wednesday, October 11th. They set an “underperform” rating for the company. Finally, Barclays upgraded Unilever from an “equal weight” rating to an “overweight” rating in a research report on Thursday, November 9th.
Unilever Trading Down 0.8 %
UL opened at $47.34 on Friday. Unilever PLC has a 12 month low of $46.16 and a 12 month high of $55.99. The stock has a 50-day moving average of $48.69 and a 200 day moving average of $50.78.
Unilever Company Profile
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.
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