Unilever PLC (NYSE:UL) Holdings Boosted by Allen Capital Group LLC

Allen Capital Group LLC grew its stake in shares of Unilever PLC (NYSE:UL) by 8.5% in the 4th quarter, Holdings Channel reports. The firm owned 61,039 shares of the company’s stock after acquiring an additional 4,779 shares during the quarter. Allen Capital Group LLC’s holdings in Unilever were worth $3,461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Unilever by 16.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock valued at $7,180,000 after buying an additional 15,941 shares during the last quarter. Verition Fund Management LLC bought a new stake in Unilever during the 3rd quarter valued at $11,694,000. WCM Investment Management LLC raised its stake in Unilever by 236.2% during the 3rd quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock valued at $1,997,000 after acquiring an additional 21,441 shares in the last quarter. Radnor Capital Management LLC acquired a new position in Unilever during the 3rd quarter worth $1,388,000. Finally, Oak Ridge Investments LLC increased its holdings in shares of Unilever by 5.5% during the fourth quarter. Oak Ridge Investments LLC now owns 115,946 shares of the company’s stock valued at $6,574,000 after purchasing an additional 6,092 shares during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Performance

Shares of NYSE:UL opened at $57.53 on Wednesday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The company has a 50 day moving average price of $57.50 and a 200 day moving average price of $60.39.

Analyst Upgrades and Downgrades

Several research firms have commented on UL. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Profile

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.