TrueMark Investments LLC Boosts Stock Holdings in Unilever PLC $UL

TrueMark Investments LLC raised its position in shares of Unilever PLC (NYSE:UL) by 53.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 42,108 shares of the company’s stock after acquiring an additional 14,615 shares during the quarter. TrueMark Investments LLC’s holdings in Unilever were worth $2,399,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of UL. Brighton Jones LLC grew its stake in shares of Unilever by 5.4% during the 4th quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock worth $599,000 after acquiring an additional 539 shares during the period. AQR Capital Management LLC increased its holdings in Unilever by 4.7% in the 1st quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock worth $2,085,000 after acquiring an additional 1,587 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in Unilever by 39.7% in the 2nd quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock valued at $969,000 after acquiring an additional 4,501 shares during the period. Qube Research & Technologies Ltd raised its stake in Unilever by 70.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock valued at $23,141,000 after acquiring an additional 156,404 shares during the period. Finally, Sei Investments Co. lifted its holdings in Unilever by 17.4% during the second quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock valued at $26,155,000 after purchasing an additional 63,376 shares during the last quarter. 9.67% of the stock is owned by institutional investors.

Unilever Stock Performance

Unilever stock opened at $60.04 on Thursday. Unilever PLC has a 52 week low of $54.75 and a 52 week high of $74.97. The business has a 50-day simple moving average of $57.65 and a 200 day simple moving average of $62.85.

Analysts Set New Price Targets

A number of equities analysts have weighed in on UL shares. Argus upgraded shares of Unilever to a “strong-buy” rating in a research report on Monday, March 2nd. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings cut shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price 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.