Bleakley Financial Group LLC Acquires 8,250 Shares of Unilever PLC $UL

Bleakley Financial Group LLC increased its holdings in Unilever PLC (NYSE:UL) by 9.3% during the first quarter, Holdings Channel reports. The firm owned 97,216 shares of the company’s stock after acquiring an additional 8,250 shares during the quarter. Bleakley Financial Group LLC’s holdings in Unilever were worth $5,538,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Absher Wealth Management LLC boosted its holdings in shares of Unilever by 11.8% during the 1st quarter. Absher Wealth Management LLC now owns 5,913 shares of the company’s stock valued at $337,000 after purchasing an additional 622 shares during the last quarter. Parr Mcknight Wealth Management Group LLC boosted its stake in Unilever by 5.9% during the first quarter. Parr Mcknight Wealth Management Group LLC now owns 40,983 shares of the company’s stock valued at $2,335,000 after buying an additional 2,266 shares during the last quarter. Applied Finance Capital Management LLC grew its holdings in Unilever by 14.7% during the 1st quarter. Applied Finance Capital Management LLC now owns 15,558 shares of the company’s stock valued at $886,000 after buying an additional 1,990 shares in the last quarter. Tradewinds LLC. grew its holdings in Unilever by 13.4% during the 1st quarter. Tradewinds LLC. now owns 3,733 shares of the company’s stock valued at $223,000 after buying an additional 440 shares in the last quarter. Finally, Diversify Wealth Management LLC increased its stake in Unilever by 77.6% in the 1st quarter. Diversify Wealth Management LLC now owns 39,116 shares of the company’s stock worth $2,226,000 after acquiring an additional 17,093 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors.

Unilever Trading Down 0.9%

Shares of Unilever stock opened at $60.90 on Wednesday. The stock has a 50 day moving average price of $58.65 and a 200-day moving average price of $62.50. Unilever PLC has a one year low of $54.75 and a one year high of $74.97.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a report 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. Zacks Research cut shares of Unilever from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Finally, Weiss Ratings lowered shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Unilever presently has a consensus rating of “Hold” and an average price target of $65.55.

Unilever 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.