Unilever PLC $UL Stock Position Lifted by Cantor Fitzgerald Investment Advisors L.P.

Cantor Fitzgerald Investment Advisors L.P. lifted its position in shares of Unilever PLC (NYSE:UL) by 6.4% in the third quarter, HoldingsChannel reports. The fund owned 130,048 shares of the company’s stock after buying an additional 7,847 shares during the period. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Unilever were worth $7,898,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UL. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of Unilever during the 3rd quarter worth approximately $203,000. B.A. Schrock Wealth Management Inc. bought a new stake in shares of Unilever during the third quarter worth approximately $304,000. Mather Group LLC. lifted its holdings in Unilever by 2.6% in the third quarter. Mather Group LLC. now owns 6,948 shares of the company’s stock valued at $422,000 after buying an additional 175 shares during the period. Columbus Macro LLC lifted its holdings in Unilever by 2.4% in the third quarter. Columbus Macro LLC now owns 40,791 shares of the company’s stock valued at $2,477,000 after buying an additional 963 shares during the period. Finally, Mitchell & Pahl Private Wealth LLC lifted its holdings in Unilever by 5.5% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 19,130 shares of the company’s stock valued at $1,162,000 after buying an additional 990 shares during the period. 9.67% of the stock is owned by institutional investors.

Unilever Price Performance

NYSE:UL opened at $64.63 on Friday. The stock has a 50-day moving average price of $62.76 and a two-hundred day moving average price of $60.42. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97.

Unilever (NYSE:UL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.84 by ($1.25). The company had revenue of $14.62 billion during the quarter, compared to analyst estimates of $14.80 billion. Research analysts expect that Unilever PLC will post 3.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Zacks Research raised shares of Unilever from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. TD Cowen reduced their price target on Unilever from $76.00 to $74.00 and set a “buy” rating on the stock in a research report on Tuesday. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a report on Monday. Weiss Ratings raised shares of Unilever from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, September 16th. Finally, Barclays reaffirmed a “buy” rating on shares of Unilever in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $68.37.

Unilever Profile

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, manufactures and markets branded products across beauty and wellbeing, personal care, home care and nutrition. Its portfolio includes widely recognized brands such as Dove, Vaseline, Axe, Rexona, Cif, Domestos, Knorr, Hellmann’s and Magnum, although product availability varies by market.

The company’s products are sold through supermarkets, convenience stores, pharmacies, e-commerce platforms and other retail channels in countries around the world.