Patriot Financial Group Insurance Agency LLC Raises Position in Unilever PLC $UL

Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Unilever PLC (NYSE:UL) by 113.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 74,266 shares of the company’s stock after acquiring an additional 39,393 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Unilever were worth $4,231,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Elyxium Wealth LLC acquired a new position in Unilever in the fourth quarter valued at $25,000. Palisade Asset Management LLC acquired a new stake in Unilever in the 3rd quarter worth about $25,000. Bard Associates Inc. acquired a new stake in Unilever in the 4th quarter worth about $27,000. Asset Dedication LLC grew its holdings in Unilever by 108.8% in the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock valued at $28,000 after buying an additional 248 shares during the period. Finally, Global Wealth Strategies & Associates purchased a new stake in Unilever in the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Trading Up 0.1%

UL opened at $60.62 on Monday. The firm’s 50 day moving average is $57.75 and its 200-day moving average is $62.79. Unilever PLC has a 52-week low of $54.75 and a 52-week high of $74.97.

Wall Street Analyst Weigh In

UL has been the topic of several recent analyst reports. Argus upgraded shares of Unilever to a “strong-buy” rating in a report on Monday, March 2nd. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Weiss Ratings lowered shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Monday, May 18th. Finally, Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $65.55.

Unilever Profile

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.