9,214 Unilever PLC $UL Shares Purchased by Pinkerton Wealth LLC

Pinkerton Wealth LLC boosted its position in Unilever PLC (NYSE:UL) by 11.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 90,821 shares of the company’s stock after buying an additional 9,214 shares during the period. Pinkerton Wealth LLC’s holdings in Unilever were worth $5,516,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Corient Private Wealth LP increased its stake in shares of Unilever by 21.2% during the second quarter. Corient Private Wealth LP now owns 533,030 shares of the company’s stock worth $32,046,000 after acquiring an additional 93,161 shares during the period. First Eagle Investment Management LLC raised its holdings in Unilever by 4.5% during the second quarter. First Eagle Investment Management LLC now owns 842,507 shares of the company’s stock worth $50,652,000 after purchasing an additional 36,567 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in Unilever in the second quarter valued at about $10,344,000. Saturna Capital Corp lifted its position in Unilever by 38.0% in the first quarter. Saturna Capital Corp now owns 794,310 shares of the company’s stock valued at $45,252,000 after purchasing an additional 218,767 shares during the period. Finally, Diversify Wealth Management LLC boosted its holdings in Unilever by 77.6% in the 1st quarter. Diversify Wealth Management LLC now owns 39,116 shares of the company’s stock valued at $2,226,000 after purchasing an additional 17,093 shares in the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UL has been the topic of several recent analyst reports. Sanford C. Bernstein reiterated a “buy” rating on shares of Unilever in a research report on Wednesday, September 30th. Weiss Ratings raised Unilever from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, September 16th. Morningstar cut Unilever to a “hold” rating in a report on Thursday, July 30th. Barclays restated a “buy” rating on shares of Unilever in a research note on Tuesday, July 7th. Finally, UBS Group reaffirmed a “sell” rating on shares of Unilever in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $68.37.

Unilever Stock Up 0.1%

NYSE UL opened at $65.32 on Monday. Unilever PLC has a 1-year low of $54.75 and a 1-year high of $74.97. The business has a 50 day moving average price of $63.35 and a 200 day moving average price of $62.62.

Unilever Profile

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, markets and sells branded products used in households and personal care, with operations serving consumers across developed and emerging markets worldwide.

The company’s portfolio includes beauty and wellbeing products, personal care items, home care products, and foods and refreshments. Its brands include Dove, Vaseline, Axe, TRESemmé, Cif, OMO, Persil, Knorr, Hellmann’s and Ben & Jerry’s, although product offerings vary by market.

Unilever was formed in 1929 through the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie.