Strategic Investment Advisors MI Invests $767,000 in Unilever PLC $UL

Strategic Investment Advisors MI purchased a new stake in Unilever PLC (NYSE:UL) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 13,460 shares of the company’s stock, valued at approximately $767,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UL. Cornerstone Wealth Management LLC grew its stake in shares of Unilever by 3.9% during the fourth quarter. Cornerstone Wealth Management LLC now owns 4,036 shares of the company’s stock valued at $264,000 after purchasing an additional 151 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in Unilever by 19.4% during the 4th quarter. CoreCap Advisors LLC now owns 997 shares of the company’s stock worth $65,000 after buying an additional 162 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC boosted its position in Unilever by 3.2% in the 1st quarter. Blake Schutter Theil Wealth Advisors LLC now owns 5,754 shares of the company’s stock valued at $328,000 after buying an additional 180 shares during the last quarter. Invested Advisors increased its stake in shares of Unilever by 4.8% in the 4th quarter. Invested Advisors now owns 3,987 shares of the company’s stock valued at $261,000 after buying an additional 183 shares during the period. Finally, Cohen Investment Advisors LLC raised its position in shares of Unilever by 2.9% during the first quarter. Cohen Investment Advisors LLC now owns 6,753 shares of the company’s stock worth $385,000 after acquiring an additional 192 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Down 1.0%

Shares of UL stock opened at $65.37 on Friday. Unilever PLC has a 52 week low of $54.75 and a 52 week high of $74.97. The company has a 50-day simple moving average of $59.83 and a 200 day simple moving average of $62.33.

Analysts Set New Price Targets

A number of analysts have recently commented on UL shares. Zacks Research raised Unilever from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. TD Cowen reiterated a “buy” rating on shares of Unilever in a report on Wednesday. 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. Finally, Weiss Ratings lowered shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Unilever has a consensus rating of “Hold” and an average price target of $65.55.

About Unilever

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.