The Unilever Group (NYSE: UL) – Suitable For Long Term Buy?

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Hotchkis & Wiley Capital Manageme. recently announced the acquisition of new stake in The Unilever Group (NYSE:UL). The institutional investor has increased its shareholding in the Consumer Defensive company by 11.23% to 5.15 million shares with purchase of 0.52 million shares. This fresh investment now brings its stake to 0.44% valued currently at $278.21 million. In addition, Manning & Napier Advisors LLC raised its holdings by 1.06 million to 4.01 million shares. And Morgan Stanley Smith Barney LLC (. has lifted its position by 7.79% or 0.26 million shares – to 3.54 million shares.

With over 1.08 million The Unilever Group (UL) shares trading Friday and a closing price of $54.21 on the day, the dollar volume was approximately $58.66 million. The shares have shown a negative weekly performance of -2.62% and its price on 07/10/20 gained nearly 0.93%. Currently, there are 2.53B common shares owned by the public and among those 1.13B shares have been available to trade.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 12 analysts who have offered their price forecasts for UL have a consensus price objective of $56.35. The analysts have set the share’s price value over the next 12 months at a high of $63.17 and a low of $43.52 should the stock experience a downside. The average price target is 12.56% above its last price level and an upside to the estimated low will see the stock lose -24.56% over that period. But an upside of 14.18% will see the stock hit the forecast high price target while mean target price for the stock is $58.89.

The top 3 mutual fund holders in The Unilever Group are Vanguard Windsor Funds – Vanguard, FMI Large Cap Fund, and American Funds Income Fund of Ame. Vanguard Windsor Funds – Vanguard owns 2.45 million shares of the company’s stock, all valued at over $132.19 million. FMI Large Cap Fund sold -0.3 million shares to see its total holdings shrink to 2.35 million shares valued at over $126.75 million and representing 0.20% of the shares outstanding. American Funds Income Fund of Ame now owns shares totaling to 0.10% of the shares outstanding.

Shares of The Unilever Group (NYSE: UL) opened at $53.99, up $0.28 from a prior closing price of $53.71. However, the script later closed the day at $54.21, up 0.93%. The company’s stock has a 5-day price change of -2.62% and 4.79% over the past three months. UL shares are trading -5.18% year to date (YTD), with the 12-month market performance down to -13.60% lower. It has a 12-month low price of $44.06 and touched a high of $64.84 over the same period. Currently, 1.08 million shares have been traded, compared to an average intraday trading volume of 1.38 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.69%, 0.64%, and -3.31% respectively.

Institutional ownership of The Unilever Group (NYSE: UL) shares accounts for 7.60% of the company’s 2.53B shares outstanding. Mutual fund holders own 1.33%, while other institutional holders and individual stakeholders account for 6.03% and — respectively.

It has a market capitalization of $137.05B and a beta (3y monthly) value of 0.52. The stock’s trailing 12-month PE ratio is 22.50, while the earnings-per-share (ttm) stands at $2.41. The company has a PEG of 3.26. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.27% over the week and 1.44% over the month.

Analysts forecast that The Unilever Group (UL) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for Next Year. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Earnings per share for the fiscal year are expected to decrease by -38.70%, and 18.26% over the next financial year. EPS should grow at an annualized rate of 6.90% over the next five years, compared to 3.60% over the past 5-year period.

Specifically, 4 Wall Street analysts polled rate the stock as a buy, while 5 of the 12 advise that investors “hold,” and 2 rated it as a “Sell.”

Looking at the support for the UL, a number of firms have released research notes about the stock. UBS stated their Sell rating for the stock in a research note on June 29, 2020, with the firm’s price target at. DZ Bank coverage for the The Unilever Group (UL) stock in a research note released on April 28, 2020 offered a Hold rating with a price target of. Morgan Stanley was of a view on April 07, 2020 that the stock is Underweight, while Barclays gave the stock Equal Weight rating on April 02, 2020, issuing a price target of. Goldman on their part issued Buy rating on September 03, 2019.

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