Bleakley Financial Group LLC Has $3.65 Million Stake in Unilever PLC (NYSE:UL)

Bleakley Financial Group LLC raised its holdings in shares of Unilever PLC (NYSE:UL) by 5.4% during the 4th quarter, HoldingsChannel reports. The fund owned 64,430 shares of the company’s stock after purchasing an additional 3,323 shares during the period. Bleakley Financial Group LLC’s holdings in Unilever were worth $3,653,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Financial Life Planners bought a new position in shares of Unilever during the 4th quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Unilever during the 3rd quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. grew its stake in shares of Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after acquiring an additional 405 shares during the last quarter. Brooklyn Investment Group bought a new position in shares of Unilever during the 3rd quarter worth about $40,000. Finally, Union Bancaire Privee UBP SA acquired a new position in Unilever in the 4th quarter valued at approximately $40,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Trading Down 0.3 %

UL stock opened at $58.06 on Friday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The business’s 50-day moving average price is $57.40 and its two-hundred day moving average price is $60.37.

Wall Street Analysts Forecast Growth

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

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.