Janney Montgomery Scott LLC Has $28.01 Million Stake in Unilever PLC (NYSE:UL)

Janney Montgomery Scott LLC grew its position in Unilever PLC (NYSE:UL) by 17.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 493,987 shares of the company’s stock after purchasing an additional 73,611 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Unilever were worth $28,009,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in UL. SG Americas Securities LLC acquired a new stake in Unilever during the fourth quarter worth approximately $169,000. Phillips Wealth Planners LLC grew its position in Unilever by 2.2% during the fourth quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company’s stock worth $495,000 after buying an additional 193 shares in the last quarter. Simon Quick Advisors LLC grew its position in Unilever by 9.2% during the fourth quarter. Simon Quick Advisors LLC now owns 8,565 shares of the company’s stock worth $486,000 after buying an additional 722 shares in the last quarter. Octavia Wealth Advisors LLC grew its position in Unilever by 7.0% during the fourth quarter. Octavia Wealth Advisors LLC now owns 6,680 shares of the company’s stock worth $379,000 after buying an additional 439 shares in the last quarter. Finally, Atomi Financial Group Inc. grew its position in Unilever by 10.6% during the fourth quarter. Atomi Financial Group Inc. now owns 28,860 shares of the company’s stock worth $1,636,000 after buying an additional 2,774 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Erste Group Bank restated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Three analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $61.75.

Unilever Trading Down 0.3 %

Shares of UL opened at $56.49 on Friday. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The stock has a fifty day moving average of $57.52 and a 200-day moving average of $60.32.

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.