TrueMark Investments LLC Acquires 14,615 Shares of Unilever PLC $UL

TrueMark Investments LLC grew its holdings in Unilever PLC (NYSE:UL) by 53.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,108 shares of the company’s stock after purchasing an additional 14,615 shares during the quarter. TrueMark Investments LLC’s holdings in Unilever were worth $2,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Natixis Advisors LLC raised its holdings in shares of 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 acquiring an additional 37,630 shares during the last quarter. Evergreen Capital Management LLC boosted its stake in Unilever by 160.8% during the 4th quarter. Evergreen Capital Management LLC now owns 82,192 shares of the company’s stock valued at $5,375,000 after purchasing an additional 50,682 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in Unilever by 37.3% during the 4th quarter. DAVENPORT & Co LLC now owns 78,400 shares of the company’s stock valued at $5,127,000 after purchasing an additional 21,313 shares during the last quarter. Wellington Management Group LLP increased its holdings in Unilever by 9.3% during the 3rd quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock worth $2,054,973,000 after purchasing an additional 2,935,227 shares in the last quarter. Finally, Cullen Investment Group LTD. bought a new stake in Unilever during the 4th quarter worth approximately $5,003,000. Institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UL. Argus upgraded Unilever to a “strong-buy” rating in a report on Monday, March 2nd. Royal Bank Of Canada upgraded Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Monday, May 18th. DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Finally, Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $65.55.

Unilever Stock Up 1.3%

Shares of Unilever stock opened at $60.04 on Thursday. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97. The stock has a fifty day moving average price of $57.65 and a 200-day moving average price of $62.85.

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.