Unilever PLC (NYSE:UL) Shares Purchased by Berkshire Bank

Berkshire Bank lifted its position in shares of Unilever PLC (NYSE:UL) by 1.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 65,613 shares of the company’s stock after acquiring an additional 872 shares during the period. Unilever accounts for 0.9% of Berkshire Bank’s portfolio, making the stock its 26th biggest holding. Berkshire Bank’s holdings in Unilever were worth $3,720,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of UL. Creative Financial Designs Inc. ADV raised its holdings in shares of Unilever by 7.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock valued at $181,000 after buying an additional 181 shares during the last quarter. Timber Creek Capital Management LLC lifted its holdings in shares of Unilever by 0.5% in the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock valued at $2,568,000 after buying an additional 182 shares during the period. Alhambra Investment Management LLC lifted its holdings in Unilever by 4.2% in the 4th quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock valued at $260,000 after acquiring an additional 186 shares during the last quarter. Phillips Wealth Planners LLC lifted its stake in Unilever by 2.2% during the fourth quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company’s stock valued at $495,000 after purchasing an additional 193 shares during the last quarter. Finally, Good Life Advisors LLC lifted its position in shares of Unilever by 4.5% during the 3rd quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock valued at $295,000 after acquiring an additional 196 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UL has been the topic of several analyst reports. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Erste Group Bank restated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $61.75.

Unilever Stock Up 2.9 %

UL stock opened at $58.16 on Tuesday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The company has a fifty day simple moving average of $57.50 and a 200 day simple moving average of $60.38.

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.