Capital International Investors Invests $13.96 Million in Unilever PLC $UL

Capital International Investors acquired a new position in shares of Unilever PLC (NYSE:UL) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 212,754 shares of the company’s stock, valued at approximately $13,961,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UL. Cornerstone Wealth Management LLC grew its holdings in Unilever by 3.9% during the 4th quarter. Cornerstone Wealth Management LLC now owns 4,036 shares of the company’s stock valued at $264,000 after buying an additional 151 shares during the last quarter. CoreCap Advisors LLC raised its holdings in shares of Unilever by 19.4% in the fourth quarter. CoreCap Advisors LLC now owns 997 shares of the company’s stock worth $65,000 after acquiring an additional 162 shares during the last quarter. Synovus Financial Corp lifted its position in shares of Unilever by 0.5% in the third quarter. Synovus Financial Corp now owns 40,080 shares of the company’s stock valued at $2,376,000 after acquiring an additional 182 shares in the last quarter. Invested Advisors lifted its position in shares of Unilever by 4.8% in the fourth quarter. Invested Advisors now owns 3,987 shares of the company’s stock valued at $261,000 after acquiring an additional 183 shares in the last quarter. Finally, Tower Bridge Advisors boosted its stake in shares of Unilever by 1.2% during the third quarter. Tower Bridge Advisors now owns 17,495 shares of the company’s stock valued at $1,037,000 after acquiring an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

UL stock opened at $57.57 on Wednesday. Unilever PLC has a 52-week low of $54.75 and a 52-week high of $74.97. The stock’s fifty day simple moving average is $57.33 and its 200-day simple moving average is $63.52.

Analyst Ratings Changes

A number of research firms recently commented on UL. DZ Bank upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Argus upgraded shares of Unilever to a “strong-buy” rating in a report on Monday, March 2nd. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Monday, May 18th. Finally, Kepler Capital Markets lowered shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $65.55.

About Unilever

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.