Mosaic Family Wealth Partners LLC Makes New Investment in Unilever PLC $UL

Mosaic Family Wealth Partners LLC bought a new position in Unilever PLC (NYSE:UL) in the 1st quarter, HoldingsChannel reports. The fund bought 9,766 shares of the company’s stock, valued at approximately $556,000.

A number of other institutional investors have also made changes to their positions in the company. Cornerstone Wealth Management LLC lifted its stake in Unilever by 3.9% during the fourth quarter. Cornerstone Wealth Management LLC now owns 4,036 shares of the company’s stock worth $264,000 after purchasing an additional 151 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in Unilever by 19.4% in the fourth quarter. CoreCap Advisors LLC now owns 997 shares of the company’s stock worth $65,000 after purchasing an additional 162 shares during the period. Invested Advisors increased its stake in Unilever by 4.8% during the fourth quarter. Invested Advisors now owns 3,987 shares of the company’s stock valued at $261,000 after purchasing an additional 183 shares during the last quarter. Cohen Investment Advisors LLC increased its stake in Unilever by 2.9% during the first quarter. Cohen Investment Advisors LLC now owns 6,753 shares of the company’s stock valued at $385,000 after purchasing an additional 192 shares during the last quarter. Finally, Flputnam Investment Management Co. raised its holdings in shares of Unilever by 2.4% during the fourth quarter. Flputnam Investment Management Co. now owns 9,091 shares of the company’s stock worth $595,000 after purchasing an additional 214 shares during the period. 9.67% of the stock is currently owned by institutional investors.

Unilever Stock Up 1.3%

Shares of Unilever stock traded up $0.78 during trading on Friday, hitting $61.77. 4,191,851 shares of the stock were exchanged, compared to its average volume of 3,393,364. The stock’s fifty day moving average is $58.55 and its 200 day moving average is $62.58. Unilever PLC has a 12 month low of $54.75 and a 12 month high of $74.97.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a report on Monday. Zacks Research downgraded Unilever from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Finally, DZ Bank upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $65.55.

Unilever Company 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.