Farmers & Merchants Investments Inc. Has $320,000 Position in Unilever PLC (NYSE:UL)

Farmers & Merchants Investments Inc. lifted its stake in Unilever PLC (NYSE:UL) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,646 shares of the company’s stock after acquiring an additional 185 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Unilever were worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of UL. Apollon Wealth Management LLC increased its position in Unilever by 4.1% during the fourth quarter. Apollon Wealth Management LLC now owns 40,580 shares of the company’s stock worth $2,301,000 after buying an additional 1,601 shares during the last quarter. Byrne Asset Management LLC raised its stake in shares of Unilever by 45.2% in the 4th quarter. Byrne Asset Management LLC now owns 10,745 shares of the company’s stock valued at $609,000 after acquiring an additional 3,345 shares in the last quarter. Mezzasalma Advisors LLC lifted its holdings in Unilever by 16.7% in the 4th quarter. Mezzasalma Advisors LLC now owns 11,656 shares of the company’s stock worth $661,000 after purchasing an additional 1,666 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in Unilever during the fourth quarter worth approximately $26,000. Finally, Financial Advocates Investment Management grew its holdings in Unilever by 29.9% during the fourth quarter. Financial Advocates Investment Management now owns 5,537 shares of the company’s stock valued at $314,000 after purchasing an additional 1,273 shares during the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UL. 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 research report on Thursday, January 9th. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, StockNews.com downgraded shares of 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 assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $61.75.

Unilever Stock Performance

Unilever stock opened at $58.28 on Friday. The business has a 50 day simple moving average of $57.33 and a 200 day simple moving average of $60.36. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

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.