Unilever PLC (NYSE:UL) Shares Acquired by GSB Wealth Management LLC

GSB Wealth Management LLC grew its position in Unilever PLC (NYSE:UL) by 1.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,860 shares of the company’s stock after purchasing an additional 849 shares during the quarter. GSB Wealth Management LLC’s holdings in Unilever were worth $3,224,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. purchased a new position in Unilever during the 3rd quarter worth $35,000. Jamison Private Wealth Management Inc. boosted its holdings in shares of 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 acquiring an additional 405 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of Unilever in the third quarter valued at about $40,000. Coastline Trust Co purchased a new stake in shares of Unilever in the third quarter valued at about $48,000. Finally, ST Germain D J Co. Inc. boosted its holdings in shares of Unilever by 62.8% in the third quarter. ST Germain D J Co. Inc. now owns 861 shares of the company’s stock valued at $56,000 after acquiring an additional 332 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Erste Group Bank restated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Finally, Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $61.75.

Unilever Trading Down 0.3 %

UL opened at $56.49 on Friday. The company has a 50 day moving average of $57.50 and a two-hundred day moving average of $60.32. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

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.