Zions Bancorporation National Association UT Sells 20,547 Shares of Unilever PLC $UL

Zions Bancorporation National Association UT lowered its holdings in Unilever PLC (NYSE:UL) by 31.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,685 shares of the company’s stock after selling 20,547 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Unilever were worth $2,795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of UL. Future Fund LLC boosted its holdings in shares of Unilever by 10.2% during the 2nd quarter. Future Fund LLC now owns 15,113 shares of the company’s stock valued at $924,000 after acquiring an additional 1,404 shares during the last quarter. Midwest Trust Co bought a new stake in Unilever during the 2nd quarter worth approximately $1,307,000. Sound View Wealth Advisors Group LLC lifted its holdings in Unilever by 33.4% during the second quarter. Sound View Wealth Advisors Group LLC now owns 9,433 shares of the company’s stock valued at $577,000 after purchasing an additional 2,360 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Unilever by 85.0% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 7,770 shares of the company’s stock worth $475,000 after purchasing an additional 3,569 shares during the period. Finally, Parkside Financial Bank & Trust increased its stake in shares of Unilever by 3.4% in the second quarter. Parkside Financial Bank & Trust now owns 6,832 shares of the company’s stock worth $418,000 after purchasing an additional 223 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on UL. Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research note on Wednesday, October 8th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Wednesday. CICC Research started coverage on shares of Unilever in a report on Thursday, August 21st. They set an “outperform” rating for the company. Finally, Zacks Research cut shares of Unilever from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Unilever currently has an average rating of “Moderate Buy” and a consensus target price of $73.00.

Unilever Stock Up 0.9%

Shares of NYSE:UL opened at $61.49 on Monday. Unilever PLC has a 12 month low of $54.32 and a 12 month high of $65.66. The company has a 50-day moving average price of $61.35 and a 200 day moving average price of $61.72.

About Unilever

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.