Bank of Stockton lessened its stake in Unilever N.V. (NYSE:UL) by 6.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,610 shares of the company’s stock after selling 550 shares during the quarter. Bank of Stockton’s holdings in Unilever were worth $517,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. CX Institutional bought a new position in shares of Unilever in the second quarter valued at approximately $25,000. Ropes Wealth Advisors LLC bought a new stake in Unilever during the second quarter worth $26,000. Golden State Wealth Management LLC lifted its holdings in Unilever by 1,132.5% during the third quarter. Golden State Wealth Management LLC now owns 493 shares of the company’s stock worth $30,000 after acquiring an additional 453 shares during the period. Lenox Wealth Management Inc. lifted its holdings in Unilever by 225.3% during the second quarter. Lenox Wealth Management Inc. now owns 566 shares of the company’s stock worth $35,000 after acquiring an additional 392 shares during the period. Finally, Atwater Malick LLC bought a new stake in Unilever during the third quarter worth $35,000. Institutional investors own 7.04% of the company’s stock.
NYSE:UL opened at $59.10 on Thursday. The business has a fifty day simple moving average of $60.60 and a two-hundred day simple moving average of $60.89. Unilever N.V. has a 1 year low of $50.80 and a 1 year high of $64.84. The company has a market capitalization of $69.14 billion, a P/E ratio of 21.34, a P/E/G ratio of 2.43 and a beta of 0.50.
A number of brokerages recently commented on UL. HSBC began coverage on Unilever in a report on Friday, June 28th. They set a “hold” rating on the stock. Goldman Sachs Group upgraded Unilever from a “neutral” rating to a “buy” rating in a report on Tuesday, September 3rd. Barclays reiterated a “sell” rating on shares of Unilever in a report on Tuesday, September 10th. Finally, Zacks Investment Research upgraded Unilever from a “sell” rating to a “hold” rating in a report on Saturday, September 21st. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $66.00.
Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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