Unilever PLC $UL Shares Purchased by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. grew its position in shares of Unilever PLC (NYSE:UL) by 6.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,596 shares of the company’s stock after purchasing an additional 1,780 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Unilever were worth $1,749,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of UL. Wellington Management Group LLP raised its holdings in shares of Unilever by 13.9% in the 1st quarter. Wellington Management Group LLP now owns 28,100,442 shares of the company’s stock valued at $1,673,381,000 after buying an additional 3,421,054 shares during the period. Raymond James Financial Inc. grew its position in Unilever by 7.1% in the 1st quarter. Raymond James Financial Inc. now owns 3,340,231 shares of the company’s stock valued at $198,911,000 after acquiring an additional 221,958 shares in the last quarter. Hamlin Capital Management LLC grew its position in Unilever by 0.5% in the 2nd quarter. Hamlin Capital Management LLC now owns 3,085,571 shares of the company’s stock valued at $188,744,000 after acquiring an additional 14,711 shares in the last quarter. Northern Trust Corp increased its stake in Unilever by 4.3% during the first quarter. Northern Trust Corp now owns 2,260,133 shares of the company’s stock worth $134,591,000 after purchasing an additional 93,677 shares during the period. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its stake in Unilever by 12.8% during the second quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 1,219,261 shares of the company’s stock worth $74,582,000 after purchasing an additional 138,646 shares during the period. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on UL. 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 on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. Finally, Zacks Research downgraded shares of Unilever from a “strong-buy” rating to a “hold” rating in a research note 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 assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

Unilever Stock Performance

UL stock opened at $61.49 on Monday. The company’s 50 day moving average price is $61.35 and its 200 day moving average price is $61.72. Unilever PLC has a fifty-two week low of $54.32 and a fifty-two week high of $65.66.

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.