Unilever PLC $UL Shares Purchased by Fulton Bank N.A.

Fulton Bank N.A. boosted its holdings in Unilever PLC (NYSE:UL) by 43.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,241 shares of the company’s stock after buying an additional 10,435 shares during the quarter. Fulton Bank N.A.’s holdings in Unilever were worth $1,951,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Financial Life Planners acquired a new stake in shares of Unilever in the 1st quarter valued at about $25,000. Pathway Financial Advisers LLC lifted its stake in Unilever by 9.7% in the first quarter. Pathway Financial Advisers LLC now owns 43,090 shares of the company’s stock valued at $2,455,000 after buying an additional 3,804 shares during the last quarter. Spinnaker Trust boosted its holdings in shares of Unilever by 13.7% in the first quarter. Spinnaker Trust now owns 7,899 shares of the company’s stock valued at $450,000 after acquiring an additional 951 shares during the period. Capital Investment Counsel LLC grew its position in shares of Unilever by 1.6% during the first quarter. Capital Investment Counsel LLC now owns 65,903 shares of the company’s stock worth $3,754,000 after acquiring an additional 1,015 shares during the last quarter. Finally, Klein Pavlis & Peasley Financial Inc. grew its position in shares of Unilever by 12.4% during the first quarter. Klein Pavlis & Peasley Financial Inc. now owns 38,836 shares of the company’s stock worth $2,212,000 after acquiring an additional 4,278 shares during the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research note on Monday, May 18th. 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. DZ Bank upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Zacks Research downgraded Unilever from a “hold” rating to a “strong sell” rating in a research note on Monday. Finally, Weiss Ratings downgraded Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $65.55.

Unilever Price Performance

NYSE UL opened at $62.52 on Friday. Unilever PLC has a 52-week low of $54.75 and a 52-week high of $74.97. The firm has a 50-day moving average price of $58.03 and a 200 day moving average price of $62.70.

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.