Capital Financial Group Inc. Co. ADV Takes Position in Unilever PLC $UL

Capital Financial Group Inc. Co. ADV acquired a new stake in shares of Unilever PLC (NYSE:UL) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 18,071 shares of the company’s stock, valued at approximately $1,182,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wellington Management Group LLP boosted its stake in Unilever by 9.3% in the 3rd quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock worth $2,054,973,000 after purchasing an additional 2,935,227 shares during the period. Fisher Asset Management LLC increased its stake in shares of Unilever by 4.4% in the third quarter. Fisher Asset Management LLC now owns 22,537,917 shares of the company’s stock worth $1,336,048,000 after acquiring an additional 959,269 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Unilever by 1.6% in the third quarter. Bank of America Corp DE now owns 5,773,638 shares of the company’s stock worth $342,261,000 after acquiring an additional 91,049 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Unilever in the fourth quarter worth $268,704,000. Finally, Raymond James Financial Inc. increased its stake in shares of Unilever by 0.5% in the third quarter. Raymond James Financial Inc. now owns 3,293,210 shares of the company’s stock worth $195,221,000 after acquiring an additional 17,763 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Kepler Capital Markets lowered shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Monday, May 18th. Argus raised shares of Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. Finally, Weiss Ratings lowered shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $65.55.

Unilever Trading Down 0.5%

Shares of UL opened at $58.61 on Tuesday. Unilever PLC has a one year low of $54.75 and a one year high of $74.97. The company’s fifty day moving average price is $57.45 and its 200 day moving average price is $63.28.

Unilever 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.