Unilever PLC $UL Shares Acquired by Arkadios Wealth Advisors

Arkadios Wealth Advisors lifted its stake in Unilever PLC (NYSE:UL - Free Report) by 135.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,179 shares of the company's stock after buying an additional 17,918 shares during the period. Arkadios Wealth Advisors' holdings in Unilever were worth $1,776,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Unilever in the 4th quarter valued at $268,704,000. Lazard Asset Management LLC grew its position in Unilever by 674.2% during the 1st quarter. Lazard Asset Management LLC now owns 2,794,600 shares of the company's stock worth $159,208,000 after purchasing an additional 2,433,625 shares during the last quarter. Norges Bank acquired a new position in Unilever in the 4th quarter valued at about $132,027,000. Federated Hermes Inc. raised its stake in Unilever by 944.7% during the 4th quarter. Federated Hermes Inc. now owns 1,417,108 shares of the company's stock valued at $92,679,000 after acquiring an additional 1,281,465 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in Unilever during the 1st quarter worth approximately $67,107,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Trading Up 0.2%

Unilever stock opened at $63.53 on Monday. The stock has a 50-day moving average price of $59.96 and a 200 day moving average price of $62.32. Unilever PLC has a 52 week low of $54.75 and a 52 week high of $74.97.

Wall Street Analysts Forecast Growth

UL has been the subject of several analyst reports. Royal Bank Of Canada upgraded Unilever from an "underperform" rating to a "sector perform" rating in a research note on Tuesday, April 21st. Zacks Research upgraded Unilever from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 28th. DZ Bank upgraded Unilever from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 8th. TD Cowen reaffirmed a "buy" rating on shares of Unilever in a report on Wednesday. Finally, Jefferies Financial Group reaffirmed an "underperform" rating on shares of Unilever in a research note on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, Unilever presently has a consensus rating of "Hold" and an average target price of $65.55.

Unilever Profile

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever's corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever's business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.

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