Unilever PLC $UL Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its position in Unilever PLC (NYSE:UL) by 27.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 721,300 shares of the company’s stock after acquiring an additional 154,001 shares during the period. Janney Montgomery Scott LLC’s holdings in Unilever were worth $41,092,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of UL. Cornerstone Wealth Management LLC grew its position in shares of Unilever by 3.9% during the 4th quarter. Cornerstone Wealth Management LLC now owns 4,036 shares of the company’s stock valued at $264,000 after acquiring an additional 151 shares during the period. CoreCap Advisors LLC raised its holdings in Unilever by 19.4% in the 4th quarter. CoreCap Advisors LLC now owns 997 shares of the company’s stock worth $65,000 after purchasing an additional 162 shares during the period. Invested Advisors boosted its position in Unilever by 4.8% during the fourth quarter. Invested Advisors now owns 3,987 shares of the company’s stock worth $261,000 after purchasing an additional 183 shares in the last quarter. Tower Bridge Advisors boosted its position in Unilever by 1.2% during the third quarter. Tower Bridge Advisors now owns 17,495 shares of the company’s stock worth $1,037,000 after purchasing an additional 200 shares in the last quarter. Finally, Flputnam Investment Management Co. boosted its position in Unilever by 2.4% during the fourth quarter. Flputnam Investment Management Co. now owns 9,091 shares of the company’s stock worth $595,000 after purchasing an additional 214 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Trading Up 0.1%

UL stock opened at $60.62 on Monday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The business’s 50-day moving average is $57.75 and its 200 day moving average is $62.79.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on UL shares. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Weiss Ratings lowered Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Argus raised shares of Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Finally, DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average 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.