Global Retirement Partners LLC Acquires 20,380 Shares of Unilever PLC $UL

Global Retirement Partners LLC boosted its holdings in Unilever PLC (NYSE:UL) by 206.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 30,253 shares of the company’s stock after buying an additional 20,380 shares during the quarter. Global Retirement Partners LLC’s holdings in Unilever were worth $1,979,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Elyxium Wealth LLC bought a new position in shares of Unilever during the 4th quarter valued at about $25,000. Palisade Asset Management LLC bought a new position in shares of Unilever during the 3rd quarter valued at about $25,000. Asset Dedication LLC increased its position in shares of Unilever by 108.8% during the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock valued at $28,000 after purchasing an additional 248 shares during the last quarter. Global Wealth Strategies & Associates bought a new position in shares of Unilever during the 4th quarter valued at about $29,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Unilever during the 3rd quarter valued at about $29,000. 9.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on UL shares. Kepler Capital Markets lowered Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft lowered Unilever from a “buy” rating to a “hold” rating in a research report on Monday, February 9th. Argus upgraded Unilever to a “strong-buy” rating in a research report on Monday, March 2nd. Weiss Ratings lowered Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 31st. Finally, Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $65.55.

Unilever Stock Performance

Shares of UL stock opened at $57.33 on Friday. Unilever PLC has a 1-year low of $54.95 and a 1-year high of $74.97. The business has a 50-day moving average of $58.70 and a 200 day moving average of $64.52.

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.