Everett Harris & Co. CA Has $85.30 Million Stock Position in Unilever PLC $UL

Everett Harris & Co. CA lifted its position in shares of Unilever PLC (NYSE:UL) by 0.8% in the second quarter, HoldingsChannel reports. The fund owned 1,418,743 shares of the company’s stock after buying an additional 11,222 shares during the period. Unilever accounts for approximately 1.0% of Everett Harris & Co. CA’s investment portfolio, making the stock its 20th largest holding. Everett Harris & Co. CA’s holdings in Unilever were worth $85,295,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in 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 purchasing an additional 539 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Unilever by 4.7% in the 1st quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock valued at $2,085,000 after purchasing an additional 1,587 shares during the last quarter. Gamco Investors INC. ET AL boosted its stake in shares of 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 purchasing an additional 4,501 shares during the last quarter. Qube Research & Technologies Ltd grew its position in shares of Unilever by 70.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock worth $23,141,000 after buying an additional 156,404 shares during the period. Finally, Sei Investments Co. grew its position in shares of Unilever by 17.4% during the 2nd quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock worth $26,155,000 after buying an additional 63,376 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Performance

Unilever stock opened at $62.12 on Friday. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97. The business has a 50-day moving average of $61.28 and a 200-day moving average of $62.20.

Unilever (NYSE:UL) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.84 by ($0.92). The firm had revenue of $14.62 billion during the quarter, compared to the consensus estimate of $14.80 billion. On average, analysts anticipate that Unilever PLC will post 3.51 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. TD Cowen reissued a “buy” rating on shares of Unilever in a research note on Wednesday, July 29th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Weiss Ratings upgraded shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, Zacks Research raised Unilever from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $65.55.

About Unilever

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.