Unilever plc (UL) Position Lessened by Zevin Asset Management LLC

Zevin Asset Management LLC lowered its stake in shares of Unilever plc (NYSE:UL) by 6.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 434,688 shares of the company’s stock after selling 29,912 shares during the period. Unilever makes up about 5.5% of Zevin Asset Management LLC’s investment portfolio, making the stock its 2nd largest position. Zevin Asset Management LLC’s holdings in Unilever were worth $24,056,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UL. Harding Loevner LP boosted its holdings in Unilever by 5,115.5% in the 3rd quarter. Harding Loevner LP now owns 136,128,531 shares of the company’s stock valued at $24,696,000 after purchasing an additional 133,518,453 shares in the last quarter. Mawer Investment Management Ltd. boosted its holdings in Unilever by 2.5% in the 3rd quarter. Mawer Investment Management Ltd. now owns 4,009,541 shares of the company’s stock valued at $232,393,000 after purchasing an additional 99,177 shares in the last quarter. Artisan Partners Limited Partnership boosted its holdings in Unilever by 1.4% in the 3rd quarter. Artisan Partners Limited Partnership now owns 2,686,581 shares of the company’s stock valued at $155,714,000 after purchasing an additional 38,154 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Unilever by 2.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,409,797 shares of the company’s stock valued at $140,549,000 after purchasing an additional 61,009 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Unilever by 2.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 882,041 shares of the company’s stock valued at $51,123,000 after purchasing an additional 19,477 shares in the last quarter. 7.04% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Unilever plc (UL) traded down $1.24 during trading on Monday, hitting $55.51. The company had a trading volume of 239,106 shares, compared to its average volume of 1,742,344. Unilever plc has a 1 year low of $41.06 and a 1 year high of $60.13.

A number of research firms have recently issued reports on UL. Zacks Investment Research downgraded shares of Unilever from a “buy” rating to a “sell” rating in a research report on Saturday, October 14th. Morgan Stanley reiterated a “neutral” rating on shares of Unilever in a research report on Wednesday, October 11th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a research report on Monday, December 18th. Finally, Argus began coverage on shares of Unilever in a research report on Friday, November 17th. They set a “hold” rating for the company. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $44.50.

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Unilever Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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