Unilever PLC (NYSE:UL) Shares Bought by GSB Wealth Management LLC

GSB Wealth Management LLC grew its holdings in shares of Unilever PLC (NYSE:UL) by 1.5% during the fourth quarter, Holdings Channel reports. The firm owned 56,860 shares of the company’s stock after acquiring an additional 849 shares during the quarter. GSB Wealth Management LLC’s holdings in Unilever were worth $3,224,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. E Fund Management Hong Kong Co. Ltd. bought a new position in Unilever in the 3rd quarter valued at about $35,000. Jamison Private Wealth Management Inc. boosted its holdings in shares of Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after buying an additional 405 shares during the period. Brooklyn Investment Group acquired a new position in shares of Unilever in the third quarter worth about $40,000. Coastline Trust Co purchased a new stake in shares of Unilever in the third quarter worth approximately $48,000. Finally, ST Germain D J Co. Inc. lifted its position in shares of Unilever by 62.8% in the third quarter. ST Germain D J Co. Inc. now owns 861 shares of the company’s stock worth $56,000 after purchasing an additional 332 shares in the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on UL. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Unilever currently has a consensus rating of “Hold” and a consensus price target of $61.75.

Unilever Stock Performance

NYSE UL opened at $56.49 on Friday. The stock’s 50 day moving average price is $57.50 and its two-hundred day moving average price is $60.32. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87.

About Unilever

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.