Unilever PLC (NYSE:UL) Shares Acquired by Phillips Wealth Planners LLC

Phillips Wealth Planners LLC grew its holdings in Unilever PLC (NYSE:UL) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,970 shares of the company’s stock after buying an additional 193 shares during the quarter. Phillips Wealth Planners LLC’s holdings in Unilever were worth $495,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of UL. Jennison Associates LLC lifted its holdings in shares of Unilever by 981.6% in the 3rd quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock valued at $134,868,000 after buying an additional 1,884,216 shares during the period. Bank of Montreal Can raised its holdings in Unilever by 249.5% during the second quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock worth $98,204,000 after purchasing an additional 1,248,136 shares during the last quarter. Clearbridge Investments LLC raised its holdings in Unilever by 598.7% during the second quarter. Clearbridge Investments LLC now owns 1,301,239 shares of the company’s stock worth $71,555,000 after purchasing an additional 1,114,992 shares during the last quarter. Fisher Asset Management LLC raised its holdings in Unilever by 7.1% during the third quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock worth $1,086,547,000 after purchasing an additional 1,114,177 shares during the last quarter. Finally, Citigroup Inc. raised its holdings in Unilever by 493.4% during the third quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock worth $71,785,000 after purchasing an additional 918,841 shares during the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Unilever Price Performance

NYSE UL opened at $56.02 on Thursday. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87. The business has a fifty day moving average of $57.56 and a 200-day moving average of $60.37.

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.