Unilever PLC $UL Holdings Reduced by Clearbridge Investments LLC

Clearbridge Investments LLC decreased its position in Unilever PLC (NYSE:UL) by 18.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,523,856 shares of the company’s stock after selling 1,213,823 shares during the period. Clearbridge Investments LLC owned approximately 0.25% of Unilever worth $361,260,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Natixis Advisors LLC grew its position in Unilever by 3.1% in the 3rd quarter. Natixis Advisors LLC now owns 1,247,467 shares of the company’s stock worth $73,950,000 after purchasing an additional 37,630 shares during the last quarter. Evergreen Capital Management LLC grew its position in Unilever by 160.8% in 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 during the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of Unilever by 37.3% in the fourth quarter. DAVENPORT & Co LLC now owns 78,400 shares of the company’s stock valued at $5,127,000 after acquiring 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 valued at approximately $5,003,000. Finally, Wellington Management Group LLP boosted its holdings in shares of Unilever by 9.3% in the third quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock valued at $2,054,973,000 after acquiring an additional 2,935,227 shares in the last quarter. Institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Monday, May 18th. Weiss Ratings cut shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Monday, February 9th. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Finally, DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $65.55.

Unilever Trading Up 2.9%

Unilever stock opened at $56.66 on Friday. The firm has a 50 day simple moving average of $57.44 and a 200-day simple moving average of $63.68. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97.

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.