DJE Kapital AG purchased a new stake in Unilever PLC (NYSE:UL – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 102,506 shares of the company’s stock, valued at approximately $5,469,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cornerstone Wealth Management LLC increased its holdings in Unilever by 3.9% during the 4th quarter. Cornerstone Wealth Management LLC now owns 4,036 shares of the company’s stock worth $264,000 after purchasing an additional 151 shares during the period. CoreCap Advisors LLC lifted its holdings in shares of Unilever by 19.4% in the 4th quarter. CoreCap Advisors LLC now owns 997 shares of the company’s stock worth $65,000 after buying an additional 162 shares during the period. Blake Schutter Theil Wealth Advisors LLC lifted its holdings in shares of Unilever by 3.2% in the 1st quarter. Blake Schutter Theil Wealth Advisors LLC now owns 5,754 shares of the company’s stock worth $328,000 after buying an additional 180 shares during the period. Invested Advisors grew its position in shares of Unilever by 4.8% during the 4th quarter. Invested Advisors now owns 3,987 shares of the company’s stock worth $261,000 after buying an additional 183 shares in the last quarter. Finally, Cohen Investment Advisors LLC increased its stake in shares of Unilever by 2.9% during the first quarter. Cohen Investment Advisors LLC now owns 6,753 shares of the company’s stock valued at $385,000 after buying an additional 192 shares during the period. Institutional investors own 9.67% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on UL. Weiss Ratings downgraded Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research report on Monday, July 6th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Finally, Zacks Research cut shares of Unilever from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $65.55.
Unilever Stock Down 0.7%
Shares of NYSE UL opened at $61.97 on Tuesday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The stock’s fifty day simple moving average is $58.94 and its two-hundred day simple moving average is $62.40.
Unilever Profile
Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.
Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.
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