Allen Capital Group LLC Purchases 4,779 Shares of Unilever PLC (NYSE:UL)

Allen Capital Group LLC lifted its position in Unilever PLC (NYSE:UL) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,039 shares of the company’s stock after purchasing an additional 4,779 shares during the period. Allen Capital Group LLC’s holdings in Unilever were worth $3,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. bought a new stake in Unilever in the third quarter worth $35,000. Jamison Private Wealth Management Inc. boosted its position in Unilever by 202.5% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after buying an additional 405 shares during the period. Brooklyn Investment Group bought a new position in Unilever in the 3rd quarter worth about $40,000. Union Bancaire Privee UBP SA purchased a new position in shares of Unilever during the fourth quarter worth approximately $40,000. Finally, Coastline Trust Co purchased a new stake in shares of Unilever in the third quarter valued at approximately $48,000. Institutional investors own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Unilever Price Performance

Shares of NYSE:UL opened at $57.53 on Wednesday. The company’s 50 day moving average is $57.50 and its two-hundred day moving average is $60.39. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87.

Unilever Company 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.