CGOV Asset Management increased its holdings in shares of Unilever plc (NYSE:UL) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 753,596 shares of the company’s stock after acquiring an additional 4,150 shares during the period. Unilever makes up approximately 2.0% of CGOV Asset Management’s portfolio, making the stock its 20th biggest holding. CGOV Asset Management owned 0.06% of Unilever worth $52,203,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the stock. Jackson Wealth Management LLC purchased a new stake in shares of Unilever in the third quarter valued at $5,785,000. Valeo Financial Advisors LLC purchased a new position in Unilever during the third quarter worth about $448,000. Richard C. Young & CO. LTD. lifted its position in Unilever by 1.0% during the second quarter. Richard C. Young & CO. LTD. now owns 232,677 shares of the company’s stock worth $12,592,000 after buying an additional 2,236 shares during the period. GW Henssler & Associates Ltd. raised its holdings in shares of Unilever by 4.6% in the 3rd quarter. GW Henssler & Associates Ltd. now owns 54,176 shares of the company’s stock worth $3,140,000 after purchasing an additional 2,364 shares during the period. Finally, Morningstar Investment Services LLC raised its holdings in shares of Unilever by 12.2% in the 3rd quarter. Morningstar Investment Services LLC now owns 793,163 shares of the company’s stock worth $45,972,000 after purchasing an additional 85,991 shares during the period. 7.09% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities analysts have recently commented on UL shares. Zacks Investment Research downgraded Unilever from a “buy” rating to a “sell” rating in a report on Saturday, October 14th. Argus initiated coverage on Unilever in a research note on Friday, November 17th. They set a “hold” rating for the company. Morgan Stanley restated a “neutral” rating on shares of Unilever in a research note on Wednesday, October 11th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Unilever in a research note on Monday, December 18th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $44.50.
Shares of Unilever plc (UL) traded up $0.70 on Thursday, hitting $55.73. The stock had a trading volume of 4,234,900 shares, compared to its average volume of 1,371,000. The firm has a market cap of $165,710.00, a price-to-earnings ratio of 22.56, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. Unilever plc has a one year low of $40.31 and a one year high of $60.13.
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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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