Unilever N.V. (NYSE:UL) Shares Purchased by GWM Advisors LLC

GWM Advisors LLC increased its position in Unilever N.V. (NYSE:UL) by 10.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 12,322 shares of the company’s stock after buying an additional 1,154 shares during the period. GWM Advisors LLC’s holdings in Unilever were worth $711,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. KC Investment Advisors LLC increased its position in shares of Unilever by 4.8% during the first quarter. KC Investment Advisors LLC now owns 6,487 shares of the company’s stock worth $374,000 after acquiring an additional 295 shares during the period. Lazard Asset Management LLC boosted its stake in shares of Unilever by 406.0% during the first quarter. Lazard Asset Management LLC now owns 3,039,499 shares of the company’s stock valued at $175,439,000 after purchasing an additional 2,438,811 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC bought a new position in shares of Unilever during the first quarter valued at approximately $205,000. Commonwealth Equity Services LLC boosted its stake in shares of Unilever by 2.4% during the first quarter. Commonwealth Equity Services LLC now owns 105,024 shares of the company’s stock valued at $6,062,000 after purchasing an additional 2,497 shares in the last quarter. Finally, Citigroup Inc. boosted its stake in shares of Unilever by 23.9% during the first quarter. Citigroup Inc. now owns 118,269 shares of the company’s stock valued at $6,827,000 after purchasing an additional 22,826 shares in the last quarter. 6.93% of the stock is owned by institutional investors.

Several equities research analysts have weighed in on UL shares. Zacks Investment Research upgraded shares of Unilever from a “hold” rating to a “buy” rating and set a $61.00 target price for the company in a research note on Wednesday, March 13th. DZ Bank downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. HSBC initiated coverage on shares of Unilever in a research note on Friday, June 28th. They set a “hold” rating for the company. Finally, Credit Suisse Group upgraded shares of Unilever from a “neutral” rating to an “outperform” rating in a research note on Friday, May 3rd. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. Unilever currently has an average rating of “Hold” and a consensus target price of $66.00.

UL traded down $0.53 on Friday, reaching $63.27. 440,854 shares of the company’s stock were exchanged, compared to its average volume of 633,767. The firm has a market capitalization of $73.93 billion, a PE ratio of 22.84, a PEG ratio of 2.77 and a beta of 0.57. Unilever N.V. has a twelve month low of $50.80 and a twelve month high of $64.10. The business has a fifty day moving average price of $62.04.

Unilever Profile

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

Further Reading: How are Outstanding Shares Different from Authorized Shares?

Institutional Ownership by Quarter for Unilever (NYSE:UL)

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