Unilever PLC $UL Stock Position Increased by Fisher Asset Management LLC

Fisher Asset Management LLC increased its position in shares of Unilever PLC (NYSE:UL) by 1.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 25,158,470 shares of the company’s stock after buying an additional 464,998 shares during the quarter. Fisher Asset Management LLC’s holdings in Unilever were worth $1,527,874,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE raised its holdings in Unilever by 16.4% in the 1st quarter. Bank of America Corp DE now owns 6,661,426 shares of the company’s stock worth $379,501,000 after acquiring an additional 937,346 shares during the period. Royal Bank of Canada grew its position in shares of Unilever by 13.6% in the first quarter. Royal Bank of Canada now owns 3,403,807 shares of the company’s stock valued at $193,915,000 after purchasing an additional 406,610 shares during the last quarter. Lazard Asset Management LLC grew its position in shares of Unilever by 674.2% in the first quarter. Lazard Asset Management LLC now owns 2,794,600 shares of the company’s stock valued at $159,208,000 after purchasing an additional 2,433,625 shares during the last quarter. Hamlin Capital Management LLC grew its position in shares of Unilever by 11.6% in the second quarter. Hamlin Capital Management LLC now owns 2,722,721 shares of the company’s stock valued at $163,690,000 after purchasing an additional 282,076 shares during the last quarter. Finally, Equity Investment Corp increased its stake in shares of Unilever by 0.8% in the third quarter. Equity Investment Corp now owns 2,012,258 shares of the company’s stock worth $122,204,000 after purchasing an additional 15,306 shares during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Performance

NYSE UL opened at $66.02 on Friday. The company’s fifty day moving average is $63.62 and its two-hundred day moving average is $62.66. Unilever PLC has a 52-week low of $54.75 and a 52-week high of $74.97.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Morningstar cut Unilever to a “hold” rating in a research report on Thursday, July 30th. DZ Bank reaffirmed a “buy” rating on shares of Unilever in a report on Wednesday, July 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Unilever in a research report on Tuesday, July 28th. Zacks Research upgraded Unilever from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of Unilever in a report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $68.37.

About Unilever

Unilever plc is a global consumer goods company that develops and sells products across beauty and wellbeing, personal care, home care and food. Its brands include Dove, Vaseline, Knorr, Hellmann’s and Persil, with offerings ranging from skincare and haircare to household cleaning products, condiments and packaged foods. The company traces its origins to the 1929 merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie. Unilever serves consumers in markets around the world through retail and other distribution channels.