Signet Investment Advisory Group Inc. Raises Stake in Unilever PLC (NYSE:UL)

Signet Investment Advisory Group Inc. lifted its position in shares of Unilever PLC (NYSE:UL) by 0.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 27,953 shares of the company’s stock after buying an additional 205 shares during the period. Signet Investment Advisory Group Inc.’s holdings in Unilever were worth $1,585,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new stake in shares of Unilever during the fourth quarter worth $26,000. Financial Life Planners purchased a new position in Unilever during the fourth quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Unilever in the 3rd quarter worth about $35,000. Newbridge Financial Services Group Inc. purchased a new stake in Unilever in the 4th quarter valued at about $36,000. Finally, Jamison Private Wealth Management Inc. increased its stake in shares of Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after acquiring an additional 405 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Ratings Changes

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

Unilever Price Performance

Unilever stock opened at $58.86 on Wednesday. The firm has a fifty day moving average of $57.30 and a 200-day moving average of $60.40. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

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.