Unilever PLC (NYSE:UL) Shares Bought by Principle Wealth Partners LLC

Principle Wealth Partners LLC lifted its holdings in Unilever PLC (NYSE:UL) by 4.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,874 shares of the company’s stock after purchasing an additional 405 shares during the period. Principle Wealth Partners LLC’s holdings in Unilever were worth $503,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Arlington Partners LLC grew its stake in shares of Unilever by 7.5% in the 4th quarter. Arlington Partners LLC now owns 74,367 shares of the company’s stock worth $4,217,000 after purchasing an additional 5,218 shares during the last quarter. Savant Capital LLC grew its stake in shares of Unilever by 23.0% in the 4th quarter. Savant Capital LLC now owns 17,927 shares of the company’s stock worth $1,016,000 after purchasing an additional 3,350 shares during the last quarter. Tevis Investment Management grew its stake in shares of Unilever by 0.3% in the 4th quarter. Tevis Investment Management now owns 82,280 shares of the company’s stock worth $4,665,000 after purchasing an additional 214 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new position in shares of Unilever in the fourth quarter worth about $36,000. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of Unilever by 17.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 19,657 shares of the company’s stock worth $1,115,000 after buying an additional 2,887 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Performance

UL stock opened at $58.86 on Wednesday. The firm has a 50 day simple moving average of $57.30 and a 200 day simple moving average of $60.40. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87.

Analysts Set New Price Targets

Several research analysts have commented on UL shares. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Finally, Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $61.75.

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.