Guardian Wealth Management Inc. Increases Stake in Unilever PLC (NYSE:UL)

Guardian Wealth Management Inc. raised its position in shares of Unilever PLC (NYSE:UL - Free Report) by 18.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,744 shares of the company's stock after buying an additional 4,470 shares during the period. Guardian Wealth Management Inc.'s holdings in Unilever were worth $1,712,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Abel Hall LLC purchased a new stake in shares of Unilever in the 1st quarter worth about $275,000. Advisors Preferred LLC bought a new stake in shares of Unilever in the first quarter worth approximately $1,703,000. Richardson Financial Services Inc. grew its stake in shares of Unilever by 209.0% in the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company's stock worth $37,000 after acquiring an additional 418 shares during the period. Beacon Investment Advisory Services Inc. grew its position in Unilever by 10.5% during the first quarter. Beacon Investment Advisory Services Inc. now owns 4,735 shares of the company's stock valued at $282,000 after buying an additional 450 shares during the period. Finally, M. Kulyk & Associates LLC grew its position in Unilever by 3,171.0% during the first quarter. M. Kulyk & Associates LLC now owns 152,200 shares of the company's stock valued at $9,064,000 after buying an additional 147,547 shares during the period. Hedge funds and other institutional investors own 9.67% of the company's stock.

Analysts Set New Price Targets

UL has been the topic of several analyst reports. BNP Paribas raised shares of Unilever to a "strong-buy" rating in a report on Thursday, May 29th. Wall Street Zen downgraded shares of Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. UBS Group raised shares of Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. Finally, BNP Paribas Exane assumed coverage on shares of Unilever in a report on Thursday, May 29th. They issued an "outperform" rating and a $73.00 target price on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $72.50.

Unilever Stock Down 1.0%

Unilever stock traded down $0.63 during mid-day trading on Friday, reaching $60.41. 1,685,392 shares of the company's stock traded hands, compared to its average volume of 2,549,715. The company has a market cap of $148.21 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 3.87 and a beta of 0.41. The stock has a 50 day moving average of $62.00 and a two-hundred day moving average of $60.05. Unilever PLC has a 12-month low of $54.32 and a 12-month high of $65.87.

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.