Unilever PLC $UL Shares Bought by Harbour Investments Inc.

Harbour Investments Inc. grew its holdings in Unilever PLC (NYSE:UL) by 280.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,867 shares of the company’s stock after buying an additional 15,384 shares during the period. Harbour Investments Inc.’s holdings in Unilever were worth $1,365,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Elyxium Wealth LLC acquired a new stake in shares of Unilever in the fourth quarter valued at about $25,000. Palisade Asset Management LLC acquired a new stake in shares of Unilever in the third quarter valued at about $25,000. Asset Dedication LLC raised its position in shares of Unilever by 108.8% in the third quarter. Asset Dedication LLC now owns 476 shares of the company’s stock valued at $28,000 after buying an additional 248 shares during the last quarter. Global Wealth Strategies & Associates acquired a new stake in shares of Unilever in the fourth quarter valued at about $29,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Unilever in the third quarter valued at about $29,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Price Performance

Shares of UL opened at $56.49 on Friday. Unilever PLC has a 12-month low of $54.95 and a 12-month high of $74.97. The firm has a 50-day moving average price of $57.98 and a 200 day moving average price of $64.11.

Wall Street Analyst Weigh In

UL has been the subject of a number of recent research reports. Argus upgraded shares of Unilever to a “strong-buy” rating in a research report on Monday, March 2nd. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. Kepler Capital Markets cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Finally, Weiss Ratings cut shares of Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $65.55.

Unilever Company Profile

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.