Unilever PLC $UL Shares Acquired by Hamlin Capital Management LLC

Hamlin Capital Management LLC increased its position in Unilever PLC (NYSE:UL) by 11.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,722,721 shares of the company’s stock after buying an additional 282,076 shares during the quarter. Unilever comprises about 3.7% of Hamlin Capital Management LLC’s investment portfolio, making the stock its 14th biggest position. Hamlin Capital Management LLC’s holdings in Unilever were worth $163,690,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new stake in Unilever during the fourth quarter valued at about $25,000. Financial Life Planners purchased a new position in shares of Unilever in the 1st quarter worth about $25,000. Palisade Asset Management LLC acquired a new position in shares of Unilever in the 3rd quarter valued at about $25,000. Bard Associates Inc. acquired a new position in shares of Unilever in the 4th quarter valued at about $27,000. Finally, Whipplewood Advisors LLC acquired a new position in shares of Unilever in the 1st quarter valued at about $29,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Up 0.4%

Shares of NYSE UL opened at $64.36 on Thursday. Unilever PLC has a 1-year low of $54.75 and a 1-year high of $74.97. The business has a 50-day moving average of $60.36 and a 200-day moving average of $62.31.

Analysts Set New Price Targets

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

About Unilever

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.