Keybank National Association OH Boosts Stake in Unilever PLC $UL

Keybank National Association OH increased its holdings in shares of Unilever PLC (NYSE:UL) by 23.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 71,450 shares of the company’s stock after acquiring an additional 13,527 shares during the period. Keybank National Association OH’s holdings in Unilever were worth $4,071,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock valued at $599,000 after buying an additional 539 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Unilever by 4.7% during the 1st quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock valued at $2,085,000 after buying an additional 1,587 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in shares of Unilever by 39.7% during the 2nd quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock valued at $969,000 after buying an additional 4,501 shares in the last quarter. Qube Research & Technologies Ltd grew 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. grew its stake in Unilever by 17.4% in the 2nd quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock valued at $26,155,000 after acquiring an additional 63,376 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of UL stock opened at $62.52 on Friday. The stock’s fifty day moving average is $58.13 and its two-hundred day moving average is $62.70. Unilever PLC has a fifty-two week low of $54.75 and a fifty-two week high of $74.97.

Analyst Upgrades and Downgrades

UL has been the subject of a number of research analyst reports. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. Weiss Ratings lowered shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, May 18th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Finally, Zacks Research lowered shares of Unilever from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and four have given a Sell rating to the company. Based on data from 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.