636 Shares in Unilever PLC (NYSE:UL) Purchased by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. acquired a new position in shares of Unilever PLC (NYSE:UL) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 636 shares of the company’s stock, valued at approximately $36,000.

Other hedge funds have also modified their holdings of the company. Golden State Wealth Management LLC bought a new position in Unilever in the fourth quarter valued at approximately $26,000. Financial Life Planners bought a new position in Unilever in the fourth quarter valued at approximately $28,000. E Fund Management Hong Kong Co. Ltd. bought a new position in Unilever in the third quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. grew 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 purchasing an additional 405 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in Unilever in the third quarter valued at approximately $40,000. 9.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on UL shares. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note 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 reiterated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Unilever presently has an average rating of “Hold” and a consensus target price of $61.75.

Unilever Trading Up 1.0 %

Shares of NYSE UL opened at $58.86 on Wednesday. The stock has a 50 day moving average of $57.30 and a 200-day moving average of $60.40. Unilever PLC has a 12 month low of $46.46 and a 12 month 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.