Unilever PLC (NYSE:UL) Shares Purchased by Stephens Inc. AR

Stephens Inc. AR raised its stake in Unilever PLC (NYSE:UL) by 8.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,192 shares of the company’s stock after acquiring an additional 4,644 shares during the period. Stephens Inc. AR’s holdings in Unilever were worth $3,470,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in UL. Fisher Asset Management LLC boosted its position in Unilever by 7.1% during the 3rd quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock valued at $1,086,547,000 after purchasing an additional 1,114,177 shares during the period. Jennison Associates LLC boosted its holdings in shares of Unilever by 66.4% during the fourth quarter. Jennison Associates LLC now owns 3,454,686 shares of the company’s stock valued at $195,881,000 after acquiring an additional 1,378,517 shares during the period. Hamlin Capital Management LLC boosted its holdings in shares of Unilever by 7.8% during the fourth quarter. Hamlin Capital Management LLC now owns 2,874,929 shares of the company’s stock valued at $163,008,000 after acquiring an additional 207,549 shares during the period. Bank of Montreal Can grew its position in shares of Unilever by 3.7% during the third quarter. Bank of Montreal Can now owns 1,812,164 shares of the company’s stock worth $118,588,000 after acquiring an additional 63,835 shares during the last quarter. Finally, Citigroup Inc. increased its holdings in shares of Unilever by 493.4% in the 3rd quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock worth $71,785,000 after acquiring an additional 918,841 shares during the period. 9.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on UL shares. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Price Performance

Shares of NYSE:UL opened at $58.30 on Tuesday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The stock’s 50 day moving average price is $57.33 and its 200 day moving average price is $60.40.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.