Savvy Advisors Inc. Makes New $203,000 Investment in Unilever PLC $UL

Savvy Advisors Inc. bought a new stake in shares of Unilever PLC (NYSE:UL) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,322 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds have also recently modified their holdings of the company. N.E.W. Advisory Services LLC bought a new stake in shares of Unilever during the 1st quarter worth approximately $30,000. Brentview Investment Management LLC purchased a new stake in Unilever in the first quarter worth $33,000. Richardson Financial Services Inc. lifted its position in shares of Unilever by 209.0% during the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after purchasing an additional 418 shares during the last quarter. Financial Connections Group Inc. purchased a new stake in shares of Unilever during the second quarter valued at $39,000. Finally, Marshall & Sullivan Inc. WA bought a new position in shares of Unilever in the second quarter worth about $55,000. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

NYSE:UL opened at $60.21 on Monday. The firm has a 50-day simple moving average of $61.49 and a 200-day simple moving average of $61.83. Unilever PLC has a one year low of $54.32 and a one year high of $65.66.

Analysts Set New Price Targets

UL has been the subject of a number of research analyst reports. Zacks Research lowered shares of Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. CICC Research initiated coverage on Unilever in a report on Thursday, August 21st. They issued an “outperform” rating for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Unilever in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $73.00.

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.