Unilever PLC (NYSE:UL) Stock Holdings Increased by Stephens Inc. AR

Stephens Inc. AR boosted its holdings in shares of Unilever PLC (NYSE:UL) by 8.2% in the 4th quarter, Holdings Channel reports. The firm owned 61,192 shares of the company’s stock after buying an additional 4,644 shares during the period. Stephens Inc. AR’s holdings in Unilever were worth $3,470,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in UL. Jennison Associates LLC raised its holdings in Unilever by 981.6% during the 3rd quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock worth $134,868,000 after buying an additional 1,884,216 shares during the period. Fisher Asset Management LLC raised its holdings in shares of Unilever by 7.1% during the third quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock valued at $1,086,547,000 after acquiring an additional 1,114,177 shares during the period. Citigroup Inc. raised its holdings in shares of Unilever by 493.4% during the third quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock valued at $71,785,000 after acquiring an additional 918,841 shares during the period. Icon Wealth Advisors LLC lifted its position in shares of Unilever by 7,466.0% in the 3rd quarter. Icon Wealth Advisors LLC now owns 629,569 shares of the company’s stock valued at $40,897,000 after acquiring an additional 621,248 shares in the last quarter. Finally, Canoe Financial LP acquired a new position in Unilever in the 3rd quarter worth approximately $23,488,000. 9.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Unilever Stock Performance

Shares of NYSE UL opened at $58.30 on Tuesday. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The business’s 50-day moving average price is $57.33 and its two-hundred 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.