ERTS Wealth Advisors LLC increased its stake in shares of Unilever N.V. (NYSE:UL) by 11.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,020 shares of the company’s stock after buying an additional 805 shares during the quarter. ERTS Wealth Advisors LLC’s holdings in Unilever were worth $497,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Iberiabank Corp purchased a new stake in shares of Unilever during the second quarter valued at $202,000. Broderick Brian C boosted its holdings in Unilever by 0.4% in the second quarter. Broderick Brian C now owns 81,535 shares of the company’s stock valued at $5,052,000 after purchasing an additional 334 shares during the last quarter. Cambridge Trust Co. boosted its holdings in Unilever by 3.5% in the second quarter. Cambridge Trust Co. now owns 163,060 shares of the company’s stock valued at $10,105,000 after purchasing an additional 5,532 shares during the last quarter. Capital Wealth Planning LLC purchased a new stake in Unilever in the second quarter valued at $303,000. Finally, Sigma Planning Corp purchased a new stake in Unilever in the first quarter valued at $222,000. 7.08% of the stock is currently owned by hedge funds and other institutional investors.

Shares of UL stock traded down $0.50 during mid-day trading on Friday, hitting $61.17. 35,321 shares of the stock were exchanged, compared to its average volume of 698,525. The firm has a fifty day moving average of $61.31 and a 200 day moving average of $60.02. Unilever N.V. has a 52-week low of $50.80 and a 52-week high of $64.84. The company has a market cap of $71.90 billion, a PE ratio of 22.11, a price-to-earnings-growth ratio of 2.62 and a beta of 0.53.

Several equities research analysts have commented on the stock. HSBC assumed coverage on shares of Unilever in a report on Friday, June 28th. They issued a “hold” rating on the stock. Zacks Investment Research lowered shares of Unilever from a “hold” rating to a “sell” rating in a report on Saturday, September 7th. Barclays reaffirmed a “sell” rating on shares of Unilever in a report on Tuesday. Finally, Goldman Sachs Group raised shares of Unilever from a “neutral” rating to a “buy” rating in a report on Tuesday, September 3rd. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $66.00.

Unilever Profile

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

Further Reading: Stochastic Momentum Index (SMI)

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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