Legacy Capital Group California Inc. boosted its holdings in Unilever PLC (NYSE:UL – Free Report) by 129.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,951 shares of the company’s stock after purchasing an additional 5,056 shares during the period. Legacy Capital Group California Inc.’s holdings in Unilever were worth $467,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Wellington Management Group LLP grew its position in shares of Unilever by 2.1% during the 1st quarter. Wellington Management Group LLP now owns 35,469,377 shares of the company’s stock valued at $1,841,925,000 after acquiring an additional 741,815 shares during the period. BlackRock Inc. increased its position in Unilever by 1.7% in the first quarter. BlackRock Inc. now owns 19,363,465 shares of the company’s stock worth $1,005,545,000 after buying an additional 331,498 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Unilever by 5.0% in the first quarter. Bank of America Corp DE now owns 10,441,673 shares of the company’s stock valued at $542,236,000 after buying an additional 494,549 shares during the period. Fisher Asset Management LLC lifted its position in shares of Unilever by 9.4% during the 2nd quarter. Fisher Asset Management LLC now owns 9,250,966 shares of the company’s stock valued at $482,253,000 after buying an additional 797,094 shares during the last quarter. Finally, FMR LLC grew its stake in shares of Unilever by 1.2% during the 1st quarter. FMR LLC now owns 7,305,322 shares of the company’s stock worth $379,365,000 after acquiring an additional 84,827 shares during the period. 9.94% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the stock. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a report on Saturday. Bank of America assumed coverage on shares of Unilever in a research note on Wednesday, October 11th. They issued an “underperform” rating for the company. Finally, Barclays upgraded Unilever from an “equal weight” rating to an “overweight” rating in a research note on Thursday, November 9th.
Unilever Stock Down 0.8 %
NYSE:UL traded down $0.37 during trading hours on Friday, hitting $47.34. The stock had a trading volume of 4,257,505 shares, compared to its average volume of 2,418,250. The company has a 50 day simple moving average of $48.69 and a two-hundred day simple moving average of $50.81. Unilever PLC has a one year low of $46.16 and a one year high of $55.99.
Unilever Company Profile
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.
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