Blue Trust Inc. Raises Stock Position in Unilever PLC (NYSE:UL)

Blue Trust Inc. grew its holdings in Unilever PLC (NYSE:UL) by 29.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,856 shares of the company’s stock after buying an additional 5,376 shares during the period. Blue Trust Inc.’s holdings in Unilever were worth $1,353,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in UL. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Unilever during the 3rd quarter worth about $35,000. Jamison Private Wealth Management Inc. boosted its stake in shares of Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after purchasing an additional 405 shares during the period. Brooklyn Investment Group purchased a new position in shares of Unilever during the 3rd quarter worth about $40,000. Coastline Trust Co purchased a new position in shares of Unilever during the 3rd quarter worth about $48,000. Finally, ST Germain D J Co. Inc. boosted its stake in shares of Unilever by 62.8% during the 3rd 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 during the period. 9.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Unilever Stock Down 1.0 %

UL stock opened at $57.52 on Wednesday. The firm’s fifty day simple moving average is $57.51 and its 200-day simple moving average is $60.39. Unilever PLC has a 12 month low of $46.46 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.