Choreo LLC Buys 6,404 Shares of Unilever PLC (NYSE:UL)

Choreo LLC grew its stake in Unilever PLC (NYSE:UL) by 17.4% in the fourth quarter, HoldingsChannel reports. The fund owned 43,210 shares of the company’s stock after acquiring an additional 6,404 shares during the period. Choreo LLC’s holdings in Unilever were worth $2,452,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Financial Life Planners bought a new position in shares of Unilever in the fourth quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Unilever during the 3rd quarter worth approximately $35,000. Jamison Private Wealth Management Inc. grew its position in shares of Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after buying an additional 405 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Unilever during the 3rd quarter worth approximately $40,000. Finally, Union Bancaire Privee UBP SA acquired a new stake in shares of Unilever during the 4th quarter worth approximately $40,000. 9.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

UL has been the subject of several analyst reports. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. 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, Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $61.75.

Unilever Stock Performance

Shares of NYSE UL opened at $58.06 on Friday. The firm has a 50 day moving average price of $57.40 and a 200 day moving average price of $60.37. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

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.