Abundance Wealth Counselors Buys 335 Shares of Unilever PLC (NYSE:UL)

Abundance Wealth Counselors boosted its stake in shares of Unilever PLC (NYSE:UL) by 1.6% during the fourth quarter, Holdings Channel reports. The firm owned 21,896 shares of the company’s stock after purchasing an additional 335 shares during the quarter. Abundance Wealth Counselors’ holdings in Unilever were worth $1,242,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Unilever in the 3rd quarter worth $35,000. Jamison Private Wealth Management Inc. boosted its position in Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after purchasing an additional 405 shares during the last quarter. Brooklyn Investment Group bought a new stake in shares of Unilever during the 3rd quarter valued at about $40,000. Union Bancaire Privee UBP SA purchased a new stake in shares of Unilever during the 4th quarter valued at about $40,000. Finally, Coastline Trust Co bought a new position in shares of Unilever in the 3rd quarter worth approximately $48,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

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

Unilever Trading Down 1.6 %

NYSE UL opened at $57.38 on Friday. The stock has a 50 day moving average price of $57.48 and a 200-day moving average price of $60.36. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

Unilever 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.