Life Planning Partners Inc Purchases New Stake in Unilever PLC (NYSE:UL)

Life Planning Partners Inc acquired a new position in Unilever PLC (NYSE:UL) in the 4th quarter, Holdings Channel.com reports. The firm acquired 31,185 shares of the company’s stock, valued at approximately $1,768,000.

Several other large investors have also recently bought and sold shares of the business. Golden State Wealth Management LLC purchased a new stake in shares of Unilever during the 4th quarter worth approximately $26,000. Financial Life Planners purchased a new position in Unilever in the 4th quarter valued at approximately $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Unilever during the third quarter worth $35,000. Newbridge Financial Services Group Inc. purchased a new stake in Unilever during the fourth quarter worth $36,000. Finally, Jamison Private Wealth Management Inc. grew its holdings in Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after purchasing an additional 405 shares during the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

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

Unilever Stock Down 5.3 %

Unilever stock opened at $56.01 on Friday. The firm’s 50-day moving average is $57.28 and its two-hundred day moving average is $60.38. Unilever PLC has a 12-month low of $46.46 and a 12-month 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.