Fisher Asset Management LLC Has $1.35 Billion Stake in Unilever PLC $UL

Fisher Asset Management LLC decreased its position in shares of Unilever PLC (NYSE:UL) by 8.3% during the 4th quarter, HoldingsChannel reports. The fund owned 20,658,738 shares of the company’s stock after selling 1,879,179 shares during the period. Fisher Asset Management LLC’s holdings in Unilever were worth $1,351,081,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Elyxium Wealth LLC acquired a new stake in shares of Unilever during the 4th quarter valued at $25,000. Palisade Asset Management LLC acquired a new stake in shares of Unilever during the 3rd quarter valued at $25,000. Asset Dedication LLC boosted its holdings in shares of Unilever by 108.8% during the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock valued at $28,000 after acquiring an additional 248 shares in the last quarter. Global Wealth Strategies & Associates acquired a new stake in shares of Unilever during the 4th quarter valued at $29,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Unilever during the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Down 0.0%

Shares of NYSE:UL opened at $57.33 on Monday. Unilever PLC has a 12-month low of $54.95 and a 12-month high of $74.97. The business has a fifty day simple moving average of $58.70 and a 200 day simple moving average of $64.49.

Wall Street Analyst Weigh In

UL has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft downgraded Unilever from a “buy” rating to a “hold” rating in a report on Monday, February 9th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Kepler Capital Markets lowered Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Finally, Weiss Ratings lowered Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 31st. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Unilever presently has an average rating of “Hold” and an average price target of $65.55.

Unilever 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.