Hantz Financial Services Inc. Lowers Stock Position in Unilever PLC $UL

Hantz Financial Services Inc. lessened its position in shares of Unilever PLC (NYSE:UL) by 4.8% in the second quarter, Holdings Channel.com reports. The fund owned 142,912 shares of the company’s stock after selling 7,202 shares during the quarter. Hantz Financial Services Inc.’s holdings in Unilever were worth $8,742,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new stake in Unilever during the first quarter valued at about $30,000. Brentview Investment Management LLC purchased a new stake in shares of Unilever during the 1st quarter worth about $33,000. Richardson Financial Services Inc. grew its holdings in shares of Unilever by 209.0% during the 1st quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after purchasing an additional 418 shares during the period. Financial Connections Group Inc. purchased a new stake in Unilever during the second quarter worth approximately $39,000. Finally, Marshall & Sullivan Inc. WA purchased a new stake in Unilever during the second quarter worth approximately $55,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of UL stock opened at $60.85 on Friday. The firm has a fifty day simple moving average of $61.55 and a 200-day simple moving average of $61.85. Unilever PLC has a twelve month low of $54.32 and a twelve month high of $65.66.

Analyst Upgrades and Downgrades

UL has been the subject of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research note on Wednesday, October 8th. CICC Research initiated coverage on shares of Unilever in a research report on Thursday, August 21st. They set an “outperform” rating for the company. Zacks Research cut shares of Unilever from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $73.00.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.