Empirical Financial Services LLC d.b.a. Empirical Wealth Management Invests $209,000 in Unilever PLC (NYSE:UL)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in Unilever PLC (NYSE:UL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,687 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stablepoint Partners LLC increased its stake in Unilever by 2.1% during the fourth quarter. Stablepoint Partners LLC now owns 90,510 shares of the company’s stock worth $5,132,000 after purchasing an additional 1,853 shares during the period. Regatta Capital Group LLC increased its stake in Unilever by 3.0% during the 4th quarter. Regatta Capital Group LLC now owns 38,845 shares of the company’s stock worth $2,203,000 after buying an additional 1,127 shares during the period. GSB Wealth Management LLC lifted its holdings in Unilever by 1.5% during the 4th quarter. GSB Wealth Management LLC now owns 56,860 shares of the company’s stock worth $3,224,000 after buying an additional 849 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Unilever by 14.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 12,114 shares of the company’s stock valued at $687,000 after buying an additional 1,569 shares during the period. Finally, DGS Capital Management LLC grew its stake in shares of Unilever by 34.5% in the fourth quarter. DGS Capital Management LLC now owns 4,647 shares of the company’s stock worth $263,000 after acquiring an additional 1,191 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of NYSE UL opened at $58.29 on Friday. The company’s fifty day moving average is $57.49 and its two-hundred day moving average is $60.37. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

Analyst Ratings Changes

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

Unilever Company 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.