Ingalls & Snyder LLC Has $12.39 Million Stake in Unilever plc (UL)

Ingalls & Snyder LLC trimmed its holdings in Unilever plc (NYSE:UL) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 223,831 shares of the company’s stock after selling 5,945 shares during the period. Ingalls & Snyder LLC’s holdings in Unilever were worth $12,387,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UL. Toronto Dominion Bank increased its stake in Unilever by 1.2% in the second quarter. Toronto Dominion Bank now owns 11,890 shares of the company’s stock valued at $644,000 after acquiring an additional 138 shares during the last quarter. Logan Capital Management Inc. increased its stake in Unilever by 0.9% in the second quarter. Logan Capital Management Inc. now owns 18,979 shares of the company’s stock valued at $1,027,000 after acquiring an additional 175 shares during the last quarter. Earnest Partners LLC increased its stake in Unilever by 0.9% in the second quarter. Earnest Partners LLC now owns 34,546 shares of the company’s stock valued at $1,870,000 after acquiring an additional 313 shares during the last quarter. WFG Advisors LP increased its stake in Unilever by 11.8% in the second quarter. WFG Advisors LP now owns 4,838 shares of the company’s stock valued at $262,000 after acquiring an additional 511 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in Unilever by 15.8% in the second quarter. The Manufacturers Life Insurance Company now owns 4,359 shares of the company’s stock valued at $236,000 after acquiring an additional 594 shares during the last quarter. Institutional investors own 7.09% of the company’s stock.

A number of research analysts recently issued reports on UL shares. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “buy” rating and set a $63.00 price objective on the stock in a research note on Wednesday, December 13th. Argus started coverage on shares of Unilever in a research note on Friday, November 17th. They issued a “hold” rating on the stock. Morgan Stanley reaffirmed a “neutral” rating on shares of Unilever in a research note on Wednesday, October 11th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Unilever in a research note on Monday, December 18th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. Unilever presently has an average rating of “Hold” and a consensus target price of $44.50.

Unilever plc (UL) traded up $1.21 during midday trading on Friday, hitting $57.08. 3,663,948 shares of the company’s stock were exchanged, compared to its average volume of 1,778,538. The company has a market capitalization of $169,060.00, a PE ratio of 23.02, a PEG ratio of 2.08 and a beta of 0.89. Unilever plc has a 12-month low of $40.31 and a 12-month high of $60.13.

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Unilever Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Institutional Ownership by Quarter for Unilever (NYSE:UL)

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