Unilever PLC (NYSE:UL) Stake Boosted by Retirement Guys Formula LLC

Retirement Guys Formula LLC increased its position in shares of Unilever PLC (NYSE:UL) by 10.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,670 shares of the company’s stock after purchasing an additional 1,333 shares during the quarter. Retirement Guys Formula LLC’s holdings in Unilever were worth $775,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in Unilever in the fourth quarter valued at $26,000. Financial Life Planners bought a new stake in Unilever in the fourth quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Unilever in the third quarter valued at $35,000. Newbridge Financial Services Group Inc. bought a new stake in Unilever in the fourth quarter valued at $36,000. Finally, Jamison Private Wealth Management Inc. lifted its stake in Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after buying an additional 405 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

UL has been the topic of a number of recent research reports. Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Erste Group Bank reissued a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $61.75.

Unilever Stock Up 1.0 %

NYSE:UL opened at $58.86 on Wednesday. The business’s 50-day moving average price is $57.30 and its 200 day moving average price is $60.40. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

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.