Unilever PLC $UL Shares Bought by Liberty One Investment Management LLC

Liberty One Investment Management LLC lifted its holdings in Unilever PLC (NYSE:UL) by 28.8% in the 1st quarter, HoldingsChannel reports. The firm owned 90,571 shares of the company’s stock after purchasing an additional 20,260 shares during the quarter. Liberty One Investment Management LLC’s holdings in Unilever were worth $5,160,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of UL. Elyxium Wealth LLC bought a new position in shares of Unilever in the fourth quarter valued at approximately $25,000. Financial Life Planners bought a new stake in Unilever during the first quarter worth approximately $25,000. Palisade Asset Management LLC acquired a new stake in Unilever in the third quarter worth approximately $25,000. Bard Associates Inc. acquired a new stake in Unilever in the fourth quarter worth approximately $27,000. Finally, Whipplewood Advisors LLC bought a new position in Unilever during the 1st quarter valued at $29,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Stock Performance

Unilever stock opened at $60.19 on Friday. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97. The firm’s 50 day moving average price is $59.14 and its two-hundred day moving average price is $62.31.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on UL shares. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research report on Monday, July 6th. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Weiss Ratings lowered Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Zacks Research lowered Unilever from a “hold” rating to a “strong sell” rating in a report on Monday, June 29th. Finally, DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $65.55.

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.