Benjamin Edwards Inc. Purchases 9,282 Shares of Unilever PLC $UL

Benjamin Edwards Inc. boosted its position in shares of Unilever PLC (NYSE:UL) by 11.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,064 shares of the company’s stock after acquiring an additional 9,282 shares during the period. Benjamin Edwards Inc.’s holdings in Unilever were worth $5,534,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of Unilever by 16.4% during the 1st quarter. Bank of America Corp DE now owns 6,661,426 shares of the company’s stock valued at $379,501,000 after purchasing an additional 937,346 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Unilever during the 4th quarter worth $268,704,000. Raymond James Financial Inc. grew its stake in Unilever by 9.8% during the 4th quarter. Raymond James Financial Inc. now owns 3,616,603 shares of the company’s stock worth $236,526,000 after buying an additional 323,393 shares during the last quarter. Royal Bank of Canada increased its position in Unilever by 13.6% during the 1st quarter. Royal Bank of Canada now owns 3,403,807 shares of the company’s stock valued at $193,915,000 after buying an additional 406,610 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in Unilever by 44.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,067,651 shares of the company’s stock valued at $200,625,000 after buying an additional 942,286 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Up 0.1%

NYSE:UL opened at $65.12 on Monday. The company has a 50 day moving average price of $62.44 and a 200-day moving average price of $61.78. Unilever PLC has a 1-year low of $54.75 and a 1-year high of $74.97.

Unilever (NYSE:UL) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.84 by ($1.25). The business had revenue of $14.62 billion during the quarter, compared to the consensus estimate of $14.80 billion. Analysts forecast that Unilever PLC will post 3.52 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on UL shares. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Zacks Research upgraded shares of Unilever from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Weiss Ratings raised shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, TD Cowen restated a “buy” rating on shares of Unilever in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target 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.