Unilever PLC $UL Shares Purchased by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Unilever PLC (NYSE:UL) by 113.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 74,266 shares of the company’s stock after buying an additional 39,393 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Unilever were worth $4,231,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Natixis Advisors LLC increased its stake in Unilever by 3.1% in the 3rd quarter. Natixis Advisors LLC now owns 1,247,467 shares of the company’s stock valued at $73,950,000 after purchasing an additional 37,630 shares in the last quarter. Evergreen Capital Management LLC boosted its position in Unilever by 160.8% during the fourth quarter. Evergreen Capital Management LLC now owns 82,192 shares of the company’s stock worth $5,375,000 after purchasing an additional 50,682 shares in the last quarter. DAVENPORT & Co LLC boosted its position in Unilever by 37.3% during the fourth quarter. DAVENPORT & Co LLC now owns 78,400 shares of the company’s stock worth $5,127,000 after purchasing an additional 21,313 shares in the last quarter. Wellington Management Group LLP grew its holdings in Unilever by 9.3% in the third quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock valued at $2,054,973,000 after purchasing an additional 2,935,227 shares during the last quarter. Finally, Cullen Investment Group LTD. acquired a new stake in Unilever in the fourth quarter valued at $5,003,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on UL. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Weiss Ratings cut shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Argus raised shares of Unilever to a “strong-buy” rating in a report on Monday, March 2nd. Finally, Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Two 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $65.55.

Unilever Stock Up 0.1%

Unilever stock opened at $60.62 on Monday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The firm’s 50-day moving average is $57.75 and its two-hundred day moving average is $62.79.

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.