Unilever PLC (NYSE:UL) Stake Raised by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its holdings in Unilever PLC (NYSE:UL) by 17.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,657 shares of the company’s stock after acquiring an additional 2,887 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Unilever were worth $1,115,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Creative Financial Designs Inc. ADV raised its position in Unilever by 7.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock worth $181,000 after acquiring an additional 181 shares in the last quarter. Timber Creek Capital Management LLC increased its stake in Unilever by 0.5% in the 3rd quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock worth $2,568,000 after purchasing an additional 182 shares in the last quarter. Farmers & Merchants Investments Inc. increased its stake in Unilever by 3.4% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company’s stock worth $320,000 after purchasing an additional 185 shares in the last quarter. Alhambra Investment Management LLC increased its stake in Unilever by 4.2% in the 4th quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock worth $260,000 after purchasing an additional 186 shares in the last quarter. Finally, Phillips Wealth Planners LLC increased its stake in Unilever by 2.2% in the 4th quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company’s stock worth $495,000 after purchasing an additional 193 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on UL. Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Erste Group Bank reissued a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Three analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $61.75.

Unilever Stock Down 5.3 %

NYSE:UL opened at $56.01 on Friday. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87. The stock’s 50-day moving average is $57.28 and its two-hundred day moving average is $60.38.

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.