Vise Technologies Inc. Acquires Shares of 33,706 Unilever PLC $UL

Vise Technologies Inc. acquired a new position in Unilever PLC (NYSE:UL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 33,706 shares of the company’s stock, valued at approximately $2,062,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. N.E.W. Advisory Services LLC bought a new stake in Unilever during the 1st quarter worth about $30,000. Brentview Investment Management LLC acquired a new position in shares of Unilever during the first quarter worth approximately $33,000. Richardson Financial Services Inc. lifted its position in shares of Unilever by 209.0% during the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after purchasing an additional 418 shares in the last quarter. Financial Connections Group Inc. bought a new stake in shares of Unilever during the second quarter valued at approximately $39,000. Finally, Golden State Wealth Management LLC increased its holdings in shares of Unilever by 79.1% in the second quarter. Golden State Wealth Management LLC now owns 736 shares of the company’s stock valued at $45,000 after purchasing an additional 325 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UL has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Unilever in a report on Wednesday, October 8th. CICC Research started coverage on Unilever in a research note on Thursday, August 21st. They set an “outperform” rating on the stock. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Wednesday, November 5th. Finally, Zacks Research cut Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $73.00.

Unilever Price Performance

Unilever stock opened at $61.02 on Wednesday. The company’s 50 day simple moving average is $61.25 and its 200 day simple moving average is $61.69. Unilever PLC has a fifty-two week low of $54.32 and a fifty-two week high of $65.66.

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.