Cetera Advisors LLC cut its stake in shares of Unilever PLC (NYSE:UL – Free Report) by 7.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,708 shares of the company’s stock after selling 1,910 shares during the period. Cetera Advisors LLC’s holdings in Unilever were worth $1,288,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in UL. Quilter Plc acquired a new position in shares of Unilever in the first quarter valued at approximately $244,998,000. Syverson Strege & Co acquired a new position in Unilever during the 1st quarter worth approximately $25,000. Fortis Capital Advisors LLC acquired a new position in Unilever during the 4th quarter worth approximately $26,000. Ten Capital Wealth Advisors LLC grew its holdings in Unilever by 3,005.3% during the 1st quarter. Ten Capital Wealth Advisors LLC now owns 590 shares of the company’s stock worth $31,000 after acquiring an additional 571 shares in the last quarter. Finally, Covestor Ltd grew its holdings in Unilever by 204.6% during the 1st quarter. Covestor Ltd now owns 667 shares of the company’s stock worth $30,000 after acquiring an additional 448 shares in the last quarter. 9.94% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research analysts have commented on UL shares. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Saturday. Barclays upgraded shares of Unilever from an “equal weight” rating to an “overweight” rating in a research report on Thursday, November 9th. Finally, Bank of America started coverage on shares of Unilever in a research report on Wednesday, October 11th. They set an “underperform” rating for the company.
Unilever Price Performance
UL stock opened at $46.98 on Tuesday. The company has a fifty day moving average price of $48.62 and a 200 day moving average price of $50.69. Unilever PLC has a 12 month low of $46.16 and a 12 month high of $55.99. The company has a market cap of $118.06 billion, a price-to-earnings ratio of 15.98, a price-to-earnings-growth ratio of 3.33 and a beta of 0.45.
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.
- Five stocks we like better than Unilever
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Safeguard your portfolio with these three bargain stocks
- The Significance of Brokerage Rankings in Stock Selection
- Membership clubs gain leverage for the consumer rebound
- Where to Find Earnings Call Transcripts
- Advanced Auto Parts may be worth more in pieces than the whole
Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.