Farmers & Merchants Investments Inc. Boosts Holdings in Unilever PLC (NYSE:UL)

Farmers & Merchants Investments Inc. increased its position in Unilever PLC (NYSE:UL) by 3.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,646 shares of the company’s stock after purchasing an additional 185 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Unilever were worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in shares of Unilever during the fourth quarter worth about $26,000. Financial Life Planners bought a new position in Unilever during the 4th quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. bought a new position in Unilever during the 3rd quarter valued at $35,000. Jamison Private Wealth Management Inc. grew its holdings in Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after acquiring an additional 405 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of Unilever in the 3rd quarter valued at about $40,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Trading Up 0.4 %

Unilever stock opened at $58.28 on Friday. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87. The firm has a 50 day simple moving average of $57.33 and a 200-day simple moving average of $60.36.

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.