Blueshift Asset Management LLC acquired a new position in shares of Unilever PLC (NYSE:UL - Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 35,594 shares of the company's stock, valued at approximately $2,120,000. Unilever comprises 0.8% of Blueshift Asset Management LLC's investment portfolio, making the stock its 15th biggest position.
A number of other institutional investors also recently added to or reduced their stakes in the stock. Vermillion Wealth Management Inc. purchased a new stake in shares of Unilever during the fourth quarter valued at about $30,000. N.E.W. Advisory Services LLC purchased a new position in shares of Unilever in the 1st quarter worth approximately $30,000. Brentview Investment Management LLC bought a new position in shares of Unilever during the 1st quarter worth approximately $33,000. Richardson Financial Services Inc. raised its stake in shares of Unilever by 209.0% during the 1st quarter. Richardson Financial Services Inc. now owns 618 shares of the company's stock worth $37,000 after acquiring an additional 418 shares in the last quarter. Finally, Accredited Wealth Management LLC purchased a new stake in Unilever during the fourth quarter valued at approximately $43,000. Institutional investors own 9.67% of the company's stock.
Unilever Trading Down 1.0%
NYSE UL opened at $58.39 on Friday. Unilever PLC has a 12-month low of $54.32 and a 12-month high of $65.87. The company has a fifty day simple moving average of $61.64 and a two-hundred day simple moving average of $60.17. The stock has a market cap of $143.27 billion, a P/E ratio of 16.73, a P/E/G ratio of 3.75 and a beta of 0.41.
Wall Street Analyst Weigh In
Several research firms have issued reports on UL. UBS Group raised shares of Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. Wall Street Zen cut Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. BNP Paribas raised Unilever to a "strong-buy" rating in a research report on Thursday, May 29th. Finally, BNP Paribas Exane initiated coverage on Unilever in a research note on Thursday, May 29th. They issued an "outperform" rating and a $73.00 price target for the company. One analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Unilever has a consensus rating of "Moderate Buy" and an average price target of $72.50.
Get Our Latest Research Report on UL
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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