Unilever PLC (NYSE:UL) Shares Bought by National Bank of Canada FI

National Bank of Canada FI boosted its holdings in shares of Unilever PLC (NYSE:UL) by 10.5% in the first quarter, HoldingsChannel.com reports. The fund owned 468,677 shares of the company’s stock after buying an additional 44,717 shares during the quarter. National Bank of Canada FI’s holdings in Unilever were worth $25,065,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Marino Stram & Associates LLC raised its position in shares of Unilever by 2.2% in the fourth quarter. Marino Stram & Associates LLC now owns 9,963 shares of the company’s stock valued at $483,000 after buying an additional 215 shares during the last quarter. Pine Haven Investment Counsel Inc raised its position in shares of Unilever by 3.7% in the fourth quarter. Pine Haven Investment Counsel Inc now owns 6,133 shares of the company’s stock valued at $297,000 after buying an additional 216 shares during the last quarter. Avidian Wealth Solutions LLC grew its holdings in Unilever by 1.0% in the fourth quarter. Avidian Wealth Solutions LLC now owns 21,616 shares of the company’s stock valued at $1,048,000 after purchasing an additional 216 shares during the period. Baystate Wealth Management LLC grew its holdings in Unilever by 29.9% in the fourth quarter. Baystate Wealth Management LLC now owns 948 shares of the company’s stock valued at $46,000 after purchasing an additional 218 shares during the period. Finally, FinTrust Capital Advisors LLC grew its holdings in Unilever by 6.7% in the fourth quarter. FinTrust Capital Advisors LLC now owns 3,708 shares of the company’s stock valued at $180,000 after purchasing an additional 232 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Price Performance

NYSE UL traded up $3.49 on Thursday, reaching $60.03. The company’s stock had a trading volume of 2,973,750 shares, compared to its average volume of 2,732,876. Unilever PLC has a twelve month low of $46.16 and a twelve month high of $60.24. The firm’s 50 day moving average is $55.74 and its two-hundred day moving average is $51.73.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on UL shares. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Monday. TD Cowen started coverage on shares of Unilever in a research note on Tuesday. They set a “buy” rating and a $67.00 price objective for the company. JPMorgan Chase & Co. upgraded shares of Unilever from an “underweight” rating to an “overweight” rating in a research note on Thursday, May 23rd. Argus upped their target price on shares of Unilever from $58.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 8th. Finally, Redburn Atlantic upgraded shares of Unilever from a “neutral” rating to a “buy” rating in a research report on Friday, June 7th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $58.33.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.