Everett Harris & Co. CA Has $85.30 Million Stock Holdings in Unilever PLC $UL

Everett Harris & Co. CA lifted its position in Unilever PLC (NYSE:UL) by 0.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,418,743 shares of the company’s stock after purchasing an additional 11,222 shares during the quarter. Unilever accounts for approximately 1.0% of Everett Harris & Co. CA’s holdings, making the stock its 20th biggest holding. Everett Harris & Co. CA owned approximately 0.07% of Unilever worth $85,295,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Elyxium Wealth LLC bought a new position in Unilever during the 4th quarter valued at about $25,000. Bard Associates Inc. acquired a new position in Unilever in the fourth quarter valued at about $27,000. Palisade Asset Management LLC bought a new stake in Unilever during the third quarter worth about $25,000. Financial Life Planners bought a new stake in Unilever during the first quarter worth about $25,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of Unilever during the first quarter worth approximately $29,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Performance

UL opened at $62.12 on Friday. Unilever PLC has a 1-year low of $54.75 and a 1-year high of $74.97. The firm has a 50-day moving average price of $61.28 and a two-hundred day moving average price of $62.20.

Unilever (NYSE:UL) last announced its earnings results on Tuesday, July 28th. The company reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.84 by ($0.92). The firm had revenue of $14.62 billion for the quarter, compared to the consensus estimate of $14.80 billion. As a group, equities research analysts predict that Unilever PLC will post 3.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on UL shares. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. TD Cowen restated a “buy” rating on shares of Unilever in a research report on Wednesday, July 29th. Weiss Ratings raised Unilever from a “sell (d)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Finally, Zacks Research upgraded Unilever from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $65.55.

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.