Frank Rimerman Advisors LLC Buys 10,083 Shares of Unilever PLC $UL

Frank Rimerman Advisors LLC increased its position in shares of Unilever PLC (NYSE:UL) by 225.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,560 shares of the company’s stock after purchasing an additional 10,083 shares during the period. Frank Rimerman Advisors LLC’s holdings in Unilever were worth $891,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of UL. N.E.W. Advisory Services LLC bought a new position in shares of Unilever in the first quarter worth about $30,000. Brentview Investment Management LLC purchased a new stake in Unilever during the first quarter worth $33,000. Richardson Financial Services Inc. lifted its stake in shares of Unilever by 209.0% during the 1st 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. bought a new stake in shares of Unilever in the 2nd quarter valued at about $39,000. Finally, Golden State Wealth Management LLC boosted its stake in Unilever by 79.1% in the second quarter. Golden State Wealth Management LLC now owns 736 shares of the company’s stock valued at $45,000 after acquiring an additional 325 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

UL has been the topic of a number of research analyst reports. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research note on Wednesday, November 5th. Zacks Research downgraded Unilever from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. CICC Research began coverage on shares of Unilever in a research report on Thursday, August 21st. They issued an “outperform” rating for the company. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

Unilever Stock Performance

Shares of Unilever stock opened at $59.41 on Wednesday. The stock’s 50 day simple moving average is $60.82 and its 200-day simple moving average is $61.57. Unilever PLC has a 1-year low of $54.32 and a 1-year high of $65.66.

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.