Unilever PLC (NYSE:UL) Shares Purchased by Bleakley Financial Group LLC

Bleakley Financial Group LLC grew its stake in shares of Unilever PLC (NYSE:UL) by 5.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,430 shares of the company’s stock after acquiring an additional 3,323 shares during the period. Bleakley Financial Group LLC’s holdings in Unilever were worth $3,653,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Long Run Wealth Advisors LLC grew its holdings in shares of Unilever by 9.6% during the fourth quarter. Long Run Wealth Advisors LLC now owns 21,900 shares of the company’s stock worth $1,242,000 after buying an additional 1,923 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its position in shares of Unilever by 2.2% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 16,518 shares of the company’s stock worth $937,000 after acquiring an additional 359 shares in the last quarter. Choreo LLC raised its position in Unilever by 17.4% in the fourth quarter. Choreo LLC now owns 43,210 shares of the company’s stock valued at $2,452,000 after purchasing an additional 6,404 shares during the period. Tectonic Advisors LLC lifted its position in Unilever by 0.8% during the 4th quarter. Tectonic Advisors LLC now owns 28,538 shares of the company’s stock worth $1,618,000 after acquiring an additional 233 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in Unilever by 13.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 9,432 shares of the company’s stock valued at $535,000 after purchasing an additional 1,118 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analysts Set New Price Targets

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

Unilever Stock Performance

Unilever stock opened at $58.06 on Friday. The firm’s 50 day moving average price is $57.40 and its two-hundred day moving average price is $60.37. Unilever PLC has a 1 year low of $46.46 and a 1 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.