Unilever PLC $UL Stake Raised by Vise Technologies Inc.

Vise Technologies Inc. boosted its holdings in shares of Unilever PLC (NYSE:UL) by 59.4% during the third quarter, Holdings Channel.com reports. The firm owned 54,502 shares of the company’s stock after acquiring an additional 20,303 shares during the period. Vise Technologies Inc.’s holdings in Unilever were worth $3,310,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of UL. Grandfield & Dodd LLC increased its stake in Unilever by 0.6% during the third quarter. Grandfield & Dodd LLC now owns 335,587 shares of the company’s stock worth $20,380,000 after acquiring an additional 2,112 shares during the last quarter. MGO One Seven LLC lifted its position in shares of Unilever by 1.3% during the third quarter. MGO One Seven LLC now owns 53,749 shares of the company’s stock worth $3,264,000 after purchasing an additional 710 shares during the last quarter. Americana Partners LLC lifted its holdings in Unilever by 6.6% during the 3rd quarter. Americana Partners LLC now owns 43,901 shares of the company’s stock valued at $2,666,000 after buying an additional 2,720 shares in the last quarter. Aprio Wealth Management LLC raised its stake in shares of Unilever by 36.9% during the third quarter. Aprio Wealth Management LLC now owns 10,576 shares of the company’s stock valued at $642,000 after acquiring an additional 2,850 shares in the last quarter. Finally, Raleigh Capital Management Inc. lifted its holdings in shares of Unilever by 15.5% in the 3rd quarter. Raleigh Capital Management Inc. now owns 30,220 shares of the company’s stock worth $1,835,000 after buying an additional 4,051 shares during the period. Institutional investors own 9.67% of the company’s stock.

Unilever Trading Up 3.3%

UL opened at $66.93 on Thursday. The business’s 50-day moving average is $63.42 and its two-hundred day moving average is $62.64. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Weiss Ratings raised shares of Unilever from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. Zacks Research raised shares of Unilever from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Sanford C. Bernstein reissued a “buy” rating on shares of Unilever in a research note on Wednesday, September 30th. TD Cowen lowered their target price on Unilever from $76.00 to $74.00 and set a “buy” rating for the company in a report on Tuesday, October 13th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $68.37.

Unilever Profile

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, markets and sells branded products used in households and personal care, with operations serving consumers across developed and emerging markets worldwide.

The company’s portfolio includes beauty and wellbeing products, personal care items, home care products, and foods and refreshments. Its brands include Dove, Vaseline, Axe, TRESemmé, Cif, OMO, Persil, Knorr, Hellmann’s and Ben & Jerry’s, although product offerings vary by market.

Unilever was formed in 1929 through the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie.