10,130 Shares in Unilever PLC $UL Bought by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. bought a new stake in shares of Unilever PLC (NYSE:UL) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,130 shares of the company’s stock, valued at approximately $577,000.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Unilever by 5.4% during the 4th quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock valued at $599,000 after buying an additional 539 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Unilever by 4.7% in the 1st quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock valued at $2,085,000 after buying an additional 1,587 shares during the period. Gamco Investors INC. ET AL boosted its stake in shares of Unilever by 39.7% in the second quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock worth $969,000 after buying an additional 4,501 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Unilever by 70.5% in the second quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock worth $23,141,000 after buying an additional 156,404 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Unilever by 17.4% in the second quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock worth $26,155,000 after buying an additional 63,376 shares during the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on UL. Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Zacks Research lowered Unilever from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $65.55.

Unilever Trading Down 0.3%

Shares of UL stock opened at $61.52 on Tuesday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The business’s 50 day moving average is $58.60 and its two-hundred day moving average is $62.54.

Unilever Company Profile

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.