Midwest Trust Co Acquires Shares of 21,368 Unilever PLC $UL

Midwest Trust Co bought a new position in Unilever PLC (NYSE:UL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 21,368 shares of the company’s stock, valued at approximately $1,307,000.

Other institutional investors have also recently made changes to their positions in the company. Wellington Management Group LLP grew its stake in Unilever by 13.9% during the first quarter. Wellington Management Group LLP now owns 28,100,442 shares of the company’s stock valued at $1,673,381,000 after acquiring an additional 3,421,054 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Unilever by 65.1% in the 1st quarter. Russell Investments Group Ltd. now owns 232,096 shares of the company’s stock worth $13,821,000 after purchasing an additional 91,511 shares in the last quarter. Banco Santander S.A. boosted its holdings in Unilever by 70.6% in the 1st quarter. Banco Santander S.A. now owns 15,030 shares of the company’s stock valued at $895,000 after purchasing an additional 6,220 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Unilever by 7.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 211,767 shares of the company’s stock valued at $12,996,000 after purchasing an additional 15,421 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of Unilever by 4.3% during the 1st quarter. Northern Trust Corp now owns 2,260,133 shares of the company’s stock valued at $134,591,000 after purchasing an additional 93,677 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

UL opened at $60.82 on Tuesday. The business’s fifty day simple moving average is $61.30 and its 200 day simple moving average is $61.70. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.66.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on UL shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. Zacks Research lowered Unilever from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. CICC Research began coverage on Unilever in a research report on Thursday, August 21st. They set an “outperform” rating for the company. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.00.

About Unilever

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.