Saturna Capital Corp Acquires 865 Shares of Unilever PLC $UL

Saturna Capital Corp increased its stake in shares of Unilever PLC (NYSE:UL) by 0.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 606,808 shares of the company’s stock after acquiring an additional 865 shares during the quarter. Saturna Capital Corp’s holdings in Unilever were worth $37,118,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new position in Unilever during the 1st quarter worth $30,000. Brentview Investment Management LLC acquired a new stake in Unilever in the first quarter worth about $33,000. Richardson Financial Services Inc. raised its holdings in 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 last quarter. Financial Connections Group Inc. acquired a new position in Unilever during the 2nd quarter valued at about $39,000. Finally, Golden State Wealth Management LLC grew its position in shares of Unilever by 79.1% during the 2nd quarter. Golden State Wealth Management LLC now owns 736 shares of the company’s stock worth $45,000 after buying an additional 325 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Price Performance

NYSE:UL opened at $59.41 on Wednesday. Unilever PLC has a 1 year low of $54.32 and a 1 year high of $65.66. The stock has a 50-day moving average price of $60.82 and a two-hundred day moving average price of $61.57.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. CICC Research started coverage on shares of Unilever in a report on Thursday, August 21st. They issued an “outperform” rating on the stock. Zacks Research cut shares of Unilever from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. Weiss Ratings restated a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $73.00.

Unilever 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.