Unilever PLC $UL Stake Lifted by Pinkerton Wealth LLC

Pinkerton Wealth LLC lifted its stake in Unilever PLC (NYSE:UL – Free Report) by 11.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,821 shares of the company’s stock after buying an additional 9,214 shares during the period. Pinkerton Wealth LLC’s holdings in Unilever were worth $5,516,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Steinberg Asset Management LLC purchased a new position in shares of Unilever during the third quarter worth about $250,000. Profund Advisors LLC increased its position in shares of Unilever by 12.0% during the third quarter. Profund Advisors LLC now owns 13,207 shares of the company’s stock worth $802,000 after purchasing an additional 1,420 shares in the last quarter. Vise Technologies Inc. lifted its holdings in shares of Unilever by 59.4% in the 3rd quarter. Vise Technologies Inc. now owns 54,502 shares of the company’s stock valued at $3,310,000 after purchasing an additional 20,303 shares during the last quarter. Grandfield & Dodd LLC lifted its holdings in shares of Unilever by 0.6% in the 3rd quarter. Grandfield & Dodd LLC now owns 335,587 shares of the company’s stock valued at $20,380,000 after purchasing an additional 2,112 shares during the last quarter. Finally, MGO One Seven LLC lifted its holdings in shares of Unilever by 1.3% in the 3rd quarter. MGO One Seven LLC now owns 53,749 shares of the company’s stock valued at $3,264,000 after purchasing an additional 710 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Trading Up 0.1%

Shares of UL opened at $65.32 on Monday. Unilever PLC has a fifty-two week low of $54.75 and a fifty-two week high of $74.97. The firm has a 50-day simple moving average of $63.35 and a 200-day simple moving average of $62.62.

Wall Street Analyst Weigh In

UL has been the subject of a number of research analyst reports. UBS Group reissued a “sell” rating on shares of Unilever in a research report on Monday, August 3rd. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Monday, October 12th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Unilever in a research note on Tuesday, July 28th. TD Cowen decreased their price objective on Unilever from $76.00 to $74.00 and set a “buy” rating for the company in a report on Tuesday, October 13th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Unilever in a research report on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $68.37.

View Our Latest Stock Analysis on UL

Unilever Company Profile

(Free Report)

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, markets and sells branded products used in households and personal care, with operations serving consumers across developed and emerging markets worldwide.

The company’s portfolio includes beauty and wellbeing products, personal care items, home care products, and foods and refreshments. Its brands include Dove, Vaseline, Axe, TRESemmé, Cif, OMO, Persil, Knorr, Hellmann’s and Ben & Jerry’s, although product offerings vary by market.

Unilever was formed in 1929 through the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie.

See Also

Institutional Ownership by Quarter for Unilever (NYSE:UL)

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