Golden State Equity Partners Raises Stake in Unilever PLC (NYSE:UL)

Golden State Equity Partners boosted its position in Unilever PLC (NYSE:UL) by 49.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 10,501 shares of the company’s stock after purchasing an additional 3,492 shares during the period. Golden State Equity Partners’ holdings in Unilever were worth $595,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Avantra Family Wealth Inc. purchased a new stake in Unilever in the fourth quarter valued at approximately $529,000. Berry Wealth Group LP boosted its position in Unilever by 8.4% in the fourth quarter. Berry Wealth Group LP now owns 3,988 shares of the company’s stock valued at $226,000 after buying an additional 309 shares during the last quarter. Capital Insight Partners LLC boosted its position in Unilever by 4.9% in the fourth quarter. Capital Insight Partners LLC now owns 44,511 shares of the company’s stock valued at $2,524,000 after buying an additional 2,067 shares during the last quarter. Abundance Wealth Counselors boosted its position in Unilever by 1.6% in the 4th quarter. Abundance Wealth Counselors now owns 21,896 shares of the company’s stock worth $1,242,000 after purchasing an additional 335 shares in the last quarter. Finally, Independence Bank of Kentucky boosted its position in Unilever by 252.3% in the 4th quarter. Independence Bank of Kentucky now owns 9,477 shares of the company’s stock worth $537,000 after purchasing an additional 6,787 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

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

Unilever Trading Down 1.6 %

Shares of NYSE:UL opened at $57.38 on Monday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The business’s 50 day moving average price is $57.48 and its 200-day moving average price is $60.38.

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.