IFP Advisors Inc Acquires 52,430 Shares of Unilever PLC $UL

IFP Advisors Inc increased its holdings in Unilever PLC (NYSE:UL) by 87.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 112,406 shares of the company’s stock after purchasing an additional 52,430 shares during the period. IFP Advisors Inc’s holdings in Unilever were worth $6,746,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of UL. Wellington Management Group LLP increased its position in Unilever by 9.3% in the third quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock worth $2,054,973,000 after purchasing an additional 2,935,227 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Unilever by 13,906.2% in the third quarter. Thrivent Financial for Lutherans now owns 2,268,300 shares of the company’s stock worth $134,465,000 after purchasing an additional 2,252,105 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich bought a new stake in Unilever in the third quarter worth $82,461,000. Fisher Asset Management LLC increased its position in Unilever by 4.4% in the third quarter. Fisher Asset Management LLC now owns 22,537,917 shares of the company’s stock worth $1,336,048,000 after purchasing an additional 959,269 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in Unilever by 78.8% in the second quarter. Corient Private Wealth LLC now owns 1,933,422 shares of the company’s stock worth $118,261,000 after purchasing an additional 852,099 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

UL has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Monday, February 9th. Kepler Capital Markets cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Weiss Ratings cut shares of Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 31st. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Finally, Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $65.55.

Unilever Stock Up 0.7%

NYSE:UL opened at $57.63 on Thursday. Unilever PLC has a 1-year low of $54.95 and a 1-year high of $74.97. The company has a 50-day moving average of $59.03 and a 200 day moving average of $64.64.

Unilever Company Profile

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.