Mosaic Family Wealth Partners LLC Purchases New Stake in Unilever PLC $UL

Mosaic Family Wealth Partners LLC purchased a new stake in shares of Unilever PLC (NYSE:UL) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 9,766 shares of the company’s stock, valued at approximately $556,000.

Several other institutional investors also recently bought and sold shares of UL. Kestra Advisory Services LLC lifted its holdings in shares of Unilever by 3.4% during the 1st quarter. Kestra Advisory Services LLC now owns 114,004 shares of the company’s stock valued at $6,495,000 after acquiring an additional 3,705 shares in the last quarter. Azzad Asset Management Inc. ADV increased its holdings in Unilever by 62.8% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 78,662 shares of the company’s stock valued at $4,481,000 after purchasing an additional 30,331 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich raised its position in Unilever by 26.0% in the first quarter. Munich Reinsurance Co Stock Corp in Munich now owns 1,554,524 shares of the company’s stock valued at $88,561,000 after purchasing an additional 320,304 shares during the period. Childress Capital Advisors LLC raised its position in Unilever by 12.9% in the first quarter. Childress Capital Advisors LLC now owns 3,527 shares of the company’s stock valued at $201,000 after purchasing an additional 402 shares during the period. Finally, Jackson Thornton Wealth Management LLC acquired a new position in shares of Unilever during the first quarter worth about $276,000. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on UL shares. Zacks Research lowered Unilever from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Weiss Ratings cut shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $65.55.

Unilever Stock Up 1.3%

Shares of NYSE:UL traded up $0.78 during midday trading on Friday, reaching $61.77. The company had a trading volume of 4,191,851 shares, compared to its average volume of 3,393,364. The stock’s fifty day moving average price is $58.55 and its 200-day moving average price is $62.58. Unilever PLC has a one year low of $54.75 and a one year high of $74.97.

About Unilever

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.