Everstar Asset Management LLC Purchases 8,757 Shares of Unilever PLC $UL

Everstar Asset Management LLC lifted its position in Unilever PLC (NYSE:UL) by 164.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,090 shares of the company’s stock after purchasing an additional 8,757 shares during the quarter. Everstar Asset Management LLC’s holdings in Unilever were worth $803,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP raised its stake in shares of Unilever by 9.3% in the 3rd quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock valued at $2,054,973,000 after buying an additional 2,935,227 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Unilever by 4.4% during the 3rd quarter. Fisher Asset Management LLC now owns 22,537,917 shares of the company’s stock worth $1,336,048,000 after acquiring an additional 959,269 shares during the period. Bank of America Corp DE boosted its position in shares of Unilever by 1.6% during the 3rd quarter. Bank of America Corp DE now owns 5,773,638 shares of the company’s stock valued at $342,261,000 after acquiring an additional 91,049 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Unilever in the fourth quarter valued at about $268,704,000. Finally, Raymond James Financial Inc. increased its stake in Unilever by 9.8% in the fourth quarter. Raymond James Financial Inc. now owns 3,616,603 shares of the company’s stock valued at $236,526,000 after acquiring an additional 323,393 shares during the period. 9.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

UL has been the subject of a number of analyst reports. Argus upgraded shares of Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. DZ Bank upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a report on Monday, May 18th. Weiss Ratings downgraded Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Finally, Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $65.55.

Unilever Stock Up 0.0%

UL stock opened at $58.40 on Monday. The business has a fifty day moving average price of $57.61 and a 200 day moving average price of $63.01. Unilever PLC has a fifty-two week low of $54.75 and a fifty-two week high of $74.97.

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.