Legacy Capital Group California Inc. Acquires 1,279 Shares of Unilever PLC (NYSE:UL)

Legacy Capital Group California Inc. raised its holdings in Unilever PLC (NYSE:UL) by 9.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 15,366 shares of the company’s stock after acquiring an additional 1,279 shares during the quarter. Legacy Capital Group California Inc.’s holdings in Unilever were worth $998,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of UL. Diversify Advisory Services LLC acquired a new position in shares of Unilever in the first quarter worth approximately $863,000. Empowered Funds LLC bought a new stake in shares of Unilever in the 1st quarter valued at $684,000. Breakwater Capital Group increased its position in shares of Unilever by 7.6% during the first quarter. Breakwater Capital Group now owns 7,065 shares of the company’s stock worth $355,000 after buying an additional 500 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Unilever by 23.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,141,878 shares of the company’s stock worth $57,312,000 after buying an additional 214,635 shares during the last quarter. Finally, Jennison Associates LLC lifted its holdings in Unilever by 16.3% in the first quarter. Jennison Associates LLC now owns 192,856 shares of the company’s stock valued at $9,679,000 after buying an additional 27,065 shares during the period. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

NYSE UL opened at $62.30 on Friday. Unilever PLC has a 52 week low of $46.16 and a 52 week high of $65.87. The business has a 50 day moving average price of $63.77 and a 200-day moving average price of $58.01.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on UL. UBS Group upgraded Unilever to a “strong sell” rating in a report on Tuesday, July 30th. Bank of America raised Unilever from an “underperform” rating to a “buy” rating and raised their target price for the stock from $47.00 to $72.00 in a research note on Thursday, August 22nd. TD Cowen started coverage on Unilever in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price target on the stock. Finally, StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, October 4th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $61.75.

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.