Natixis Advisors LLC Has $70.95 Million Position in Unilever PLC $UL

Natixis Advisors LLC lessened its position in Unilever PLC (NYSE:ULFree Report) by 13.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,084,919 shares of the company’s stock after selling 162,548 shares during the quarter. Natixis Advisors LLC’s holdings in Unilever were worth $70,954,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Elyxium Wealth LLC acquired a new position in Unilever in the 4th quarter worth about $25,000. Palisade Asset Management LLC acquired a new position in Unilever in the 3rd quarter worth about $25,000. Global Wealth Strategies & Associates acquired a new position in Unilever in the 4th quarter worth about $29,000. Asset Dedication LLC increased its holdings in Unilever by 108.8% in the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock worth $28,000 after purchasing an additional 248 shares in the last quarter. Finally, Financial Life Planners acquired a new position in Unilever in the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Price Performance

Shares of UL stock opened at $55.59 on Wednesday. The stock has a 50-day moving average of $57.87 and a 200-day moving average of $63.99. Unilever PLC has a 1-year low of $54.95 and a 1-year high of $74.97.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on UL. Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, May 18th. Kepler Capital Markets cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft cut Unilever from a “buy” rating to a “hold” rating in a research note on Monday, February 9th. Finally, Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $65.55.

View Our Latest Report on UL

Unilever Profile

(Free Report)

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.

Further Reading

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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