Blue Trust Inc. Acquires 5,376 Shares of Unilever PLC (NYSE:UL)

Blue Trust Inc. lifted its position in Unilever PLC (NYSE:UL - Free Report) by 29.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,856 shares of the company's stock after purchasing an additional 5,376 shares during the quarter. Blue Trust Inc.'s holdings in Unilever were worth $1,353,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in UL. Kingswood Wealth Advisors LLC raised its holdings in shares of Unilever by 42.5% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 5,712 shares of the company's stock valued at $324,000 after buying an additional 1,703 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of Unilever during the fourth quarter worth approximately $209,000. Stablepoint Partners LLC lifted its holdings in shares of Unilever by 2.1% in the 4th quarter. Stablepoint Partners LLC now owns 90,510 shares of the company's stock worth $5,132,000 after acquiring an additional 1,853 shares during the last quarter. Regatta Capital Group LLC boosted its stake in shares of Unilever by 3.0% in the 4th quarter. Regatta Capital Group LLC now owns 38,845 shares of the company's stock valued at $2,203,000 after purchasing an additional 1,127 shares in the last quarter. Finally, GSB Wealth Management LLC grew its holdings in shares of Unilever by 1.5% during the 4th quarter. GSB Wealth Management LLC now owns 56,860 shares of the company's stock valued at $3,224,000 after purchasing an additional 849 shares during the last quarter. Hedge funds and other institutional investors own 9.67% of the company's stock.

Unilever Trading Down 0.3 %

Shares of NYSE:UL traded down $0.20 during trading on Wednesday, reaching $57.29. 3,445,659 shares of the stock traded hands, compared to its average volume of 2,501,525. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The stock has a 50-day moving average of $57.50 and a two-hundred day moving average of $60.39.

Analysts Set New Price Targets

Several research firms have weighed in on UL. StockNews.com downgraded shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Erste Group Bank restated a "hold" rating on shares of Unilever in a report on Tuesday, November 19th. Sanford C. Bernstein raised Unilever from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Finally, Royal Bank of Canada lowered 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 given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $61.75.

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.