Stablepoint Partners LLC Acquires 1,853 Shares of Unilever PLC (NYSE:UL)

Stablepoint Partners LLC raised its holdings in shares of Unilever PLC (NYSE:UL) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,510 shares of the company’s stock after purchasing an additional 1,853 shares during the period. Stablepoint Partners LLC’s holdings in Unilever were worth $5,132,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of UL. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Unilever during the third quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. raised its holdings in Unilever by 202.5% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after purchasing an additional 405 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of Unilever in the 3rd quarter worth about $40,000. Coastline Trust Co bought a new stake in shares of Unilever during the 3rd quarter valued at about $48,000. Finally, ST Germain D J Co. Inc. increased its position in shares of Unilever by 62.8% during the third quarter. ST Germain D J Co. Inc. now owns 861 shares of the company’s stock valued at $56,000 after buying an additional 332 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

Shares of UL opened at $56.49 on Friday. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87. The firm has a 50 day moving average of $57.50 and a 200 day moving average of $60.32.

Analyst Upgrades and Downgrades

Several research firms have weighed in on UL. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Unilever presently has a consensus rating of “Hold” and a consensus target price of $61.75.

Unilever 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.