Entropy Technologies LP acquired a new position in Unilever PLC (NYSE:UL - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 31,915 shares of the company's stock, valued at approximately $1,810,000.
Other hedge funds have also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new stake in Unilever in the 4th quarter valued at about $26,000. Financial Life Planners bought a new stake in Unilever in the 4th quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Unilever in the 3rd quarter valued at about $35,000. Jamison Private Wealth Management Inc. increased its position in Unilever by 202.5% in 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 in the last quarter. Finally, Brooklyn Investment Group bought a new stake in Unilever in the 3rd quarter valued at about $40,000. 9.67% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on UL. StockNews.com downgraded Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Erste Group Bank reiterated a "hold" rating on shares of Unilever in a research note on Tuesday, November 19th. Royal Bank of Canada downgraded Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Finally, Sanford C. Bernstein upgraded Unilever from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Unilever currently has a consensus rating of "Hold" and a consensus target price of $61.75.
Check Out Our Latest Research Report on UL
Unilever Price Performance
Shares of NYSE UL traded down $3.13 during midday trading on Thursday, reaching $56.01. The company's stock had a trading volume of 9,924,689 shares, compared to its average volume of 2,640,517. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87. The firm has a 50 day moving average price of $57.28 and a 200-day moving average price of $60.38.
About Unilever
(
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.
See Also
Before you consider Unilever, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Unilever wasn't on the list.
While Unilever currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
