Vise Technologies Inc. Acquires 20,303 Shares of Unilever PLC $UL

Vise Technologies Inc. raised its holdings in shares of Unilever PLC (NYSE:UL) by 59.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,502 shares of the company’s stock after acquiring an additional 20,303 shares during the quarter. Vise Technologies Inc.’s holdings in Unilever were worth $3,310,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Grandfield & Dodd LLC boosted its stake in shares of Unilever by 0.6% in the third quarter. Grandfield & Dodd LLC now owns 335,587 shares of the company’s stock worth $20,380,000 after acquiring an additional 2,112 shares during the period. MGO One Seven LLC raised its stake in Unilever by 1.3% during the 3rd quarter. MGO One Seven LLC now owns 53,749 shares of the company’s stock valued at $3,264,000 after purchasing an additional 710 shares during the period. Americana Partners LLC raised its stake in Unilever by 6.6% during the 3rd quarter. Americana Partners LLC now owns 43,901 shares of the company’s stock valued at $2,666,000 after purchasing an additional 2,720 shares during the period. Aprio Wealth Management LLC lifted its holdings in Unilever by 36.9% in the 3rd quarter. Aprio Wealth Management LLC now owns 10,576 shares of the company’s stock worth $642,000 after purchasing an additional 2,850 shares in the last quarter. Finally, Raleigh Capital Management Inc. lifted its holdings in Unilever by 15.5% in the 3rd quarter. Raleigh Capital Management Inc. now owns 30,220 shares of the company’s stock worth $1,835,000 after purchasing an additional 4,051 shares in the last quarter. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on UL shares. UBS Group restated a “sell” rating on shares of Unilever in a research note on Monday, August 3rd. Morningstar cut shares of Unilever to a “hold” rating in a research report on Thursday, July 30th. Sanford C. Bernstein reissued a “buy” rating on shares of Unilever in a report on Wednesday, September 30th. TD Cowen dropped their target price on shares of Unilever from $76.00 to $74.00 and set a “buy” rating for the company in a research report on Tuesday, October 13th. Finally, DZ Bank restated a “buy” rating on shares of Unilever in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $68.37.

Unilever Stock Up 3.3%

Shares of UL stock opened at $66.93 on Thursday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The stock’s 50-day moving average price is $63.42 and its 200-day moving average price is $62.64.

Unilever Company Profile

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, markets and sells branded products used in households and personal care, with operations serving consumers across developed and emerging markets worldwide.

The company’s portfolio includes beauty and wellbeing products, personal care items, home care products, and foods and refreshments. Its brands include Dove, Vaseline, Axe, TRESemmé, Cif, OMO, Persil, Knorr, Hellmann’s and Ben & Jerry’s, although product offerings vary by market.

Unilever was formed in 1929 through the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie.