10,130 Shares in Unilever PLC $UL Bought by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. bought a new stake in shares of Unilever PLC (NYSE:UL) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,130 shares of the company’s stock, valued at approximately $577,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Palisade Asset Management LLC acquired a new stake in Unilever in the third quarter worth about $25,000. Elyxium Wealth LLC acquired a new position in shares of Unilever during the fourth quarter valued at about $25,000. Financial Life Planners purchased a new position in shares of Unilever in the 1st quarter valued at approximately $25,000. Bard Associates Inc. purchased a new position in shares of Unilever in the 4th quarter valued at approximately $27,000. Finally, Asset Dedication LLC boosted its stake in Unilever by 108.8% in the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock worth $28,000 after purchasing an additional 248 shares in the last quarter. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on UL. Weiss Ratings lowered shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Zacks Research downgraded shares of Unilever from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Unilever has a consensus rating of “Hold” and an average target price of $65.55.

Unilever Trading Down 0.3%

Shares of NYSE UL opened at $61.52 on Tuesday. Unilever PLC has a 52 week low of $54.75 and a 52 week high of $74.97. The business’s 50 day moving average price is $58.60 and its 200 day moving average price is $62.54.

Unilever Company 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.