11,942 Shares in Unilever PLC $UL Purchased by Nwam LLC

Nwam LLC purchased a new stake in Unilever PLC (NYSE:UL) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 11,942 shares of the company’s stock, valued at approximately $680,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UL. Hartford Funds Management Co LLC increased its stake in shares of Unilever by 5.5% during the 1st quarter. Hartford Funds Management Co LLC now owns 13,923 shares of the company’s stock valued at $793,000 after acquiring an additional 728 shares during the last quarter. Blake Schutter Theil Wealth Advisors LLC boosted its position in shares of Unilever by 3.2% in the first quarter. Blake Schutter Theil Wealth Advisors LLC now owns 5,754 shares of the company’s stock worth $328,000 after acquiring an additional 180 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Unilever by 12.3% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,896 shares of the company’s stock valued at $336,000 after purchasing an additional 645 shares during the period. Bleakley Financial Group LLC grew its holdings in Unilever by 9.3% in the first quarter. Bleakley Financial Group LLC now owns 97,216 shares of the company’s stock valued at $5,538,000 after purchasing an additional 8,250 shares during the period. Finally, Absher Wealth Management LLC grew its holdings in Unilever by 11.8% in the first quarter. Absher Wealth Management LLC now owns 5,913 shares of the company’s stock valued at $337,000 after purchasing an additional 622 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

Shares of UL stock opened at $62.72 on Friday. The company’s fifty day simple moving average is $58.77 and its 200-day simple moving average is $62.45. Unilever PLC has a 52 week low of $54.75 and a 52 week high of $74.97.

Analysts Set New Price Targets

UL has been the topic of a number of recent analyst reports. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Royal Bank Of Canada upgraded Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Weiss Ratings lowered Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Finally, Zacks Research cut Unilever from a “hold” rating to a “strong sell” rating in a report on Monday, June 29th. Two equities research 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 given a Sell rating to the stock. Based on data from MarketBeat.com, Unilever has an average rating of “Hold” and a consensus price target of $65.55.

Unilever 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.