Columbus Macro LLC boosted its holdings in Unilever PLC (NYSE:UL - Free Report) by 58.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,656 shares of the company's stock after acquiring an additional 15,745 shares during the quarter. Columbus Macro LLC's holdings in Unilever were worth $2,419,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Financial Life Planners acquired a new position in Unilever in the 4th quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Unilever during the 3rd quarter valued at about $35,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of 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 buying an additional 405 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Unilever during the 3rd quarter valued at about $40,000. Finally, Union Bancaire Privee UBP SA acquired a new stake in Unilever in the fourth quarter valued at approximately $40,000. 9.67% of the stock is owned by institutional investors and hedge funds.
Unilever Stock Performance
NYSE:UL traded up $0.85 during trading hours on Wednesday, reaching $58.10. The company had a trading volume of 841,572 shares, compared to its average volume of 2,390,473. The stock has a 50-day moving average of $57.43 and a two-hundred day moving average of $60.39. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.
Analysts Set New Price Targets
UL has been the subject of several analyst reports. Royal Bank of Canada lowered Unilever from a "sector perform" rating to an "underperform" rating in a report on Monday, January 6th. Sanford C. Bernstein upgraded Unilever from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. StockNews.com cut shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Finally, Erste Group Bank reissued a "hold" rating on shares of Unilever in a report on Tuesday, November 19th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Unilever presently has a consensus rating of "Hold" and a consensus price target of $61.75.
Read Our Latest Analysis on Unilever
Unilever Profile
(
Free Report)
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.
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