Legacy Capital Group California Inc. Acquires 1,279 Shares of Unilever PLC (NYSE:UL)

Legacy Capital Group California Inc. grew its stake in shares of Unilever PLC (NYSE:UL) by 9.1% in the third quarter, HoldingsChannel.com reports. The firm owned 15,366 shares of the company’s stock after purchasing an additional 1,279 shares during the period. Legacy Capital Group California Inc.’s holdings in Unilever were worth $998,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Mayflower Financial Advisors LLC boosted its holdings in Unilever by 4.1% during the second quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company’s stock worth $231,000 after purchasing an additional 167 shares during the last quarter. O Brien Greene & Co. Inc boosted its stake in shares of Unilever by 2.7% in the 2nd quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock worth $366,000 after buying an additional 174 shares during the last quarter. Crewe Advisors LLC boosted its stake in shares of Unilever by 17.3% in the 2nd quarter. Crewe Advisors LLC now owns 1,186 shares of the company’s stock worth $65,000 after buying an additional 175 shares during the last quarter. Bailard Inc. grew its holdings in shares of Unilever by 1.2% in the second quarter. Bailard Inc. now owns 15,014 shares of the company’s stock valued at $826,000 after acquiring an additional 179 shares in the last quarter. Finally, Gallacher Capital Management LLC increased its position in shares of Unilever by 2.5% during the second quarter. Gallacher Capital Management LLC now owns 7,575 shares of the company’s stock valued at $417,000 after acquiring an additional 182 shares during the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Trading Up 2.7 %

Shares of UL stock opened at $62.30 on Friday. Unilever PLC has a 52-week low of $46.16 and a 52-week high of $65.87. The business’s fifty day moving average is $63.77 and its 200 day moving average is $58.01.

Wall Street Analyst Weigh In

Several research analysts have weighed in on UL shares. Bank of America raised Unilever from an “underperform” rating to a “buy” rating and boosted their price objective for the stock from $47.00 to $72.00 in a research report on Thursday, August 22nd. UBS Group upgraded shares of Unilever to a “strong sell” rating in a research report on Tuesday, July 30th. TD Cowen started coverage on shares of Unilever in a report on Tuesday, July 23rd. They set a “buy” rating and a $67.00 price objective for the company. Finally, StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Friday, October 4th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $61.75.

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.