Strategic Investment Advisors MI Buys Shares of 13,460 Unilever PLC $UL

Strategic Investment Advisors MI acquired a new position in Unilever PLC (NYSE:UL) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,460 shares of the company’s stock, valued at approximately $767,000.

Several other hedge funds have also recently bought and sold shares of the business. Elyxium Wealth LLC acquired a new position in shares of Unilever during the 4th quarter valued at about $25,000. Financial Life Planners acquired a new stake in Unilever in the 1st quarter valued at approximately $25,000. Palisade Asset Management LLC bought a new position in Unilever in the 3rd quarter worth approximately $25,000. Bard Associates Inc. acquired a new position in shares of Unilever during the fourth quarter worth approximately $27,000. Finally, Whipplewood Advisors LLC acquired a new position in shares of Unilever during the first quarter worth approximately $29,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on UL shares. Weiss Ratings downgraded shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. TD Cowen reiterated a “buy” rating on shares of Unilever in a research note on Wednesday. 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. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Finally, DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Unilever currently has an average rating of “Hold” and an average target price of $65.55.

Unilever Stock Down 1.0%

Shares of UL stock opened at $65.37 on Friday. The stock’s fifty day simple moving average is $59.83 and its 200 day simple moving average is $62.33. Unilever PLC has a one year low of $54.75 and a one year high of $74.97.

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.