Unilever PLC (NYSE:UL) Shares Purchased by Portland Global Advisors LLC

Portland Global Advisors LLC lifted its holdings in Unilever PLC (NYSE:UL) by 0.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,840 shares of the company’s stock after purchasing an additional 774 shares during the period. Portland Global Advisors LLC’s holdings in Unilever were worth $6,422,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of UL. FourThought Financial Partners LLC increased its position in shares of Unilever by 4.6% in the first quarter. FourThought Financial Partners LLC now owns 7,889 shares of the company’s stock valued at $470,000 after buying an additional 349 shares in the last quarter. HB Wealth Management LLC increased its holdings in Unilever by 211.3% in the 1st quarter. HB Wealth Management LLC now owns 64,379 shares of the company’s stock worth $3,834,000 after acquiring an additional 43,701 shares in the last quarter. Applied Finance Capital Management LLC increased its holdings in Unilever by 20.6% in the 1st quarter. Applied Finance Capital Management LLC now owns 15,435 shares of the company’s stock worth $919,000 after acquiring an additional 2,636 shares in the last quarter. Assetmark Inc. raised its position in Unilever by 30.4% during the first quarter. Assetmark Inc. now owns 100,610 shares of the company’s stock worth $5,991,000 after acquiring an additional 23,460 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in Unilever by 6.1% during the first quarter. Cetera Investment Advisers now owns 239,802 shares of the company’s stock valued at $14,280,000 after purchasing an additional 13,785 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Trading Down 1.0%

UL stock opened at $60.41 on Monday. The firm has a 50-day moving average of $61.97 and a two-hundred day moving average of $60.14. Unilever PLC has a 12 month low of $54.32 and a 12 month high of $65.87. The company has a market cap of $148.21 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 3.84 and a beta of 0.41.

Analyst Ratings Changes

UL has been the subject of a number of research reports. UBS Group raised shares of Unilever from a “strong sell” rating to a “hold” rating in a research note on Friday, May 2nd. Wall Street Zen lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. BNP Paribas upgraded Unilever to a “strong-buy” rating in a research report on Thursday, May 29th. Finally, BNP Paribas Exane initiated coverage on Unilever in a research report on Thursday, May 29th. They set an “outperform” rating and a $73.00 price target for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $72.50.

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.