Brighton Jones LLC Boosts Stock Holdings in Unilever PLC (NYSE:UL)

Brighton Jones LLC lifted its stake in Unilever PLC (NYSE:UL) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,572 shares of the company’s stock after purchasing an additional 539 shares during the period. Brighton Jones LLC’s holdings in Unilever were worth $599,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its position in Unilever by 16.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock valued at $7,180,000 after purchasing an additional 15,941 shares in the last quarter. Verition Fund Management LLC purchased a new stake in shares of Unilever during the third quarter worth approximately $11,694,000. WCM Investment Management LLC raised its holdings in Unilever by 236.2% in the third quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock valued at $1,997,000 after acquiring an additional 21,441 shares in the last quarter. Radnor Capital Management LLC purchased a new position in Unilever in the third quarter worth approximately $1,388,000. Finally, Oak Ridge Investments LLC grew its holdings in Unilever by 5.5% during the 4th quarter. Oak Ridge Investments LLC now owns 115,946 shares of the company’s stock worth $6,574,000 after acquiring an additional 6,092 shares in the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Trading Down 0.3 %

UL opened at $56.49 on Friday. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The business’s 50-day simple moving average is $57.50 and its 200-day simple moving average is $60.32.

Analyst Upgrades and Downgrades

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

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.