Unilever (NYSE:UL) Stock Rating Upgraded by UBS Group

Unilever (NYSE:UL) was upgraded by investment analysts at UBS Group from a “strong sell” rating to a “hold” rating in a note issued to investors on Friday,Zacks.com reports.

UL has been the topic of several other reports. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Monday, April 28th. DZ Bank upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Unilever currently has an average rating of “Moderate Buy” and a consensus target price of $66.33.

Unilever Trading Up 0.8 %

Unilever stock opened at $63.47 on Friday. The firm has a market capitalization of $156.53 billion, a price-to-earnings ratio of 18.19, a P/E/G ratio of 1.60 and a beta of 0.44. The firm has a 50 day simple moving average of $60.21 and a 200 day simple moving average of $58.84. Unilever has a 1-year low of $51.90 and a 1-year high of $65.87.

Institutional Trading of Unilever

Institutional investors have recently bought and sold shares of the company. May Hill Capital LLC bought a new position in shares of Unilever in the 4th quarter worth approximately $296,000. Auxano Advisors LLC raised its position in Unilever by 1.7% in the fourth quarter. Auxano Advisors LLC now owns 30,840 shares of the company’s stock worth $1,749,000 after acquiring an additional 522 shares during the period. Stonegate Investment Group LLC boosted its stake in shares of Unilever by 155.2% during the 4th quarter. Stonegate Investment Group LLC now owns 8,415 shares of the company’s stock worth $477,000 after acquiring an additional 5,117 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in shares of Unilever by 1.5% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 655,964 shares of the company’s stock worth $37,193,000 after purchasing an additional 9,528 shares in the last quarter. Finally, Argent Trust Co increased its stake in shares of Unilever by 34.2% in the 4th quarter. Argent Trust Co now owns 45,387 shares of the company’s stock worth $2,573,000 after purchasing an additional 11,555 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

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.