Capital Advisors Inc. OK Has $34.52 Million Stake in Unilever PLC (NYSE:UL)

Capital Advisors Inc. OK increased its stake in shares of Unilever PLC (NYSE:UL) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 608,887 shares of the company’s stock after acquiring an additional 3,331 shares during the period. Capital Advisors Inc. OK’s holdings in Unilever were worth $34,524,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in UL. AQR Capital Management LLC acquired a new stake in shares of Unilever during the second quarter worth $594,000. Brookstone Capital Management bought a new position in Unilever in the third quarter valued at $226,000. Procyon Advisors LLC grew its position in Unilever by 13.0% in the third quarter. Procyon Advisors LLC now owns 7,724 shares of the company’s stock valued at $502,000 after purchasing an additional 891 shares in the last quarter. Grove Bank & Trust grew its position in Unilever by 7.0% in the third quarter. Grove Bank & Trust now owns 4,595 shares of the company’s stock valued at $298,000 after purchasing an additional 302 shares in the last quarter. Finally, Creative Planning grew its position in Unilever by 8.7% in the third quarter. Creative Planning now owns 295,625 shares of the company’s stock valued at $19,204,000 after purchasing an additional 23,718 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Up 1.0 %

Shares of UL stock opened at $58.86 on Wednesday. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The company has a 50-day simple moving average of $57.30 and a 200 day simple moving average of $60.40.

Analyst Ratings Changes

UL has been the subject of a number of analyst reports. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Unilever has a consensus rating of “Hold” and a consensus price target of $61.75.

About Unilever

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.