Saturna Capital Corp Has $37.64 Million Stock Position in Unilever PLC $UL

Saturna Capital Corp lowered its position in Unilever PLC (NYSE:UL) by 6.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 575,543 shares of the company’s stock after selling 37,095 shares during the quarter. Saturna Capital Corp’s holdings in Unilever were worth $37,641,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of UL. Natixis Advisors LLC lifted its holdings in Unilever by 3.1% during the 3rd quarter. Natixis Advisors LLC now owns 1,247,467 shares of the company’s stock valued at $73,950,000 after purchasing an additional 37,630 shares during the last quarter. Evergreen Capital Management LLC grew its position in shares of Unilever by 160.8% during the 4th quarter. Evergreen Capital Management LLC now owns 82,192 shares of the company’s stock worth $5,375,000 after purchasing an additional 50,682 shares in the last quarter. DAVENPORT & Co LLC grew its position in Unilever by 37.3% during the fourth quarter. DAVENPORT & Co LLC now owns 78,400 shares of the company’s stock worth $5,127,000 after buying an additional 21,313 shares in the last quarter. Cullen Investment Group LTD. bought a new position in shares of Unilever in the fourth quarter worth $5,003,000. Finally, Wellington Management Group LLP increased its holdings in 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 during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on UL shares. Kepler Capital Markets downgraded Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Jefferies Financial Group reiterated 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 report on Friday, May 29th. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. Finally, Argus raised Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $65.55.

Unilever Stock Performance

NYSE:UL opened at $58.64 on Thursday. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97. The stock’s fifty day moving average price is $57.30 and its two-hundred day moving average price is $63.47.

Unilever Company 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.