Unilever PLC $UL Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its position in shares of Unilever PLC (NYSE:UL) by 27.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 721,300 shares of the company’s stock after purchasing an additional 154,001 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Unilever were worth $41,092,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Elyxium Wealth LLC acquired a new stake in shares of Unilever during the fourth quarter worth about $25,000. Palisade Asset Management LLC purchased a new stake in Unilever in the third quarter valued at approximately $25,000. Bard Associates Inc. acquired a new position in Unilever in the 4th quarter worth approximately $27,000. Asset Dedication LLC increased its holdings 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 buying an additional 248 shares during the period. Finally, Global Wealth Strategies & Associates purchased a new position in Unilever during the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

Shares of NYSE:UL opened at $60.62 on Monday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The business has a 50 day moving average of $57.75 and a two-hundred day moving average of $62.79.

Analyst Upgrades and Downgrades

UL has been the subject of several research reports. Weiss Ratings cut shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Argus raised shares of Unilever to a “strong-buy” rating in a report on Monday, March 2nd. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $65.55.

About Unilever

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.