Capital International Investors Invests $13.96 Million in Unilever PLC $UL

Capital International Investors bought a new stake in Unilever PLC (NYSE:UL) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 212,754 shares of the company’s stock, valued at approximately $13,961,000.

Several other large investors have also recently added to or reduced their stakes in UL. Elyxium Wealth LLC purchased a new stake in Unilever in the 4th quarter valued at approximately $25,000. Palisade Asset Management LLC purchased a new position in shares of Unilever during the 3rd quarter worth approximately $25,000. Asset Dedication LLC raised its stake in shares of Unilever by 108.8% during the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock worth $28,000 after buying an additional 248 shares in the last quarter. Global Wealth Strategies & Associates acquired a new stake in shares of Unilever in the 4th quarter valued at approximately $29,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Unilever in the third quarter valued at approximately $29,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Price Performance

Unilever stock opened at $57.57 on Wednesday. Unilever PLC has a fifty-two week low of $54.75 and a fifty-two week high of $74.97. The stock’s fifty day moving average is $57.33 and its two-hundred day moving average is $63.52.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Kepler Capital Markets cut Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Argus upgraded shares of Unilever to a “strong-buy” rating in a research report on Monday, March 2nd. 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 investment 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 stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average 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.