Unilever PLC (NYSE:UL) Shares Purchased by Retirement Guys Formula LLC

Retirement Guys Formula LLC increased its position in shares of Unilever PLC (NYSE:UL) by 10.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,670 shares of the company’s stock after acquiring an additional 1,333 shares during the period. Retirement Guys Formula LLC’s holdings in Unilever were worth $775,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Fisher Asset Management LLC boosted its position in shares of Unilever by 7.1% in the 3rd quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock valued at $1,086,547,000 after purchasing an additional 1,114,177 shares during the period. Jennison Associates LLC boosted its position in shares of Unilever by 66.4% in the 4th quarter. Jennison Associates LLC now owns 3,454,686 shares of the company’s stock valued at $195,881,000 after purchasing an additional 1,378,517 shares during the period. Hamlin Capital Management LLC boosted its position in shares of Unilever by 7.8% in the 4th quarter. Hamlin Capital Management LLC now owns 2,874,929 shares of the company’s stock valued at $163,008,000 after purchasing an additional 207,549 shares during the period. Bank of Montreal Can boosted its position in shares of Unilever by 3.7% in the 3rd quarter. Bank of Montreal Can now owns 1,812,164 shares of the company’s stock valued at $118,588,000 after purchasing an additional 63,835 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of Unilever by 18.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,240,653 shares of the company’s stock valued at $70,132,000 after purchasing an additional 190,753 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

UL has been the subject of a number of recent analyst reports. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Three analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $61.75.

Unilever Price Performance

Shares of NYSE UL opened at $58.86 on Wednesday. The business has a 50 day simple moving average of $57.30 and a 200 day simple moving average of $60.40. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87.

Unilever Company Profile

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.