Unilever PLC $UL Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its position in Unilever PLC (NYSE:UL) by 46.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 170,240 shares of the company’s stock after purchasing an additional 54,206 shares during the period. Sanctuary Advisors LLC’s holdings in Unilever were worth $9,699,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new position in shares of Unilever in the fourth quarter worth about $25,000. Bard Associates Inc. acquired a new stake in Unilever in the 4th quarter valued at about $27,000. Palisade Asset Management LLC purchased a new position in Unilever in the 3rd quarter worth approximately $25,000. Financial Life Planners purchased a new position in Unilever in the 1st quarter worth approximately $25,000. Finally, Global Wealth Strategies & Associates acquired a new position in shares of Unilever during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

UL has been the topic of several recent research reports. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Zacks Research downgraded shares of Unilever from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Weiss Ratings downgraded Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Finally, Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Unilever currently has a consensus rating of “Hold” and a consensus target price of $65.55.

Unilever Price Performance

UL stock opened at $62.35 on Friday. Unilever PLC has a twelve month low of $54.75 and a twelve month high of $74.97. The business has a 50 day simple moving average of $58.85 and a 200-day simple moving average of $62.45.

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.