Davis Rea LTD. bought a new position in Unilever PLC (NYSE:UL - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 55,579 shares of the company's stock, valued at approximately $3,310,000.
A number of other institutional investors and hedge funds have also bought and sold shares of UL. Vermillion Wealth Management Inc. bought a new stake in Unilever during the fourth quarter valued at about $30,000. Richardson Financial Services Inc. grew its position in shares of Unilever by 209.0% during the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company's stock valued at $37,000 after purchasing an additional 418 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Unilever during the fourth quarter valued at about $39,000. Accredited Wealth Management LLC purchased a new position in Unilever in the fourth quarter worth about $43,000. Finally, Greenline Partners LLC purchased a new position in Unilever in the fourth quarter worth about $58,000. 9.67% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on UL. BNP Paribas upgraded Unilever to a "strong-buy" rating in a research report on Thursday, May 29th. UBS Group upgraded Unilever from a "strong sell" rating to a "hold" rating in a research report on Friday, May 2nd. BNP Paribas Exane began coverage on Unilever in a research report on Thursday, May 29th. They set an "outperform" rating and a $73.00 target price for the company. Finally, Wall Street Zen lowered Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $72.50.
Read Our Latest Report on UL
Unilever Trading Down 1.0%
Shares of Unilever stock traded down $0.63 on Friday, hitting $60.41. 1,685,392 shares of the company traded hands, compared to its average volume of 1,968,797. The company has a market cap of $148.21 billion, a PE ratio of 17.31, a PEG ratio of 3.88 and a beta of 0.41. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.87. The stock's 50 day moving average price is $61.97 and its 200-day moving average price is $60.08.
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.
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