Y Intercept Hong Kong Ltd Has $12.47 Million Stake in Unilever PLC $UL

Y Intercept Hong Kong Ltd raised its holdings in Unilever PLC (NYSE:UL) by 1,545.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 218,910 shares of the company’s stock after purchasing an additional 205,604 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Unilever were worth $12,471,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wellington Management Group LLP increased its stake in shares of 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 buying an additional 2,935,227 shares in the last quarter. Bank of America Corp DE lifted its position in Unilever by 1.6% during the 3rd quarter. Bank of America Corp DE now owns 5,773,638 shares of the company’s stock worth $342,261,000 after buying an additional 91,049 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Unilever during the 4th quarter worth about $268,704,000. Raymond James Financial Inc. lifted its position in Unilever by 9.8% during the 4th quarter. Raymond James Financial Inc. now owns 3,616,603 shares of the company’s stock worth $236,526,000 after buying an additional 323,393 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in Unilever by 44.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,067,651 shares of the company’s stock worth $200,625,000 after acquiring an additional 942,286 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Trading Up 2.7%

Shares of UL stock opened at $62.52 on Friday. Unilever PLC has a 12 month low of $54.75 and a 12 month high of $74.97. The stock has a 50-day moving average price of $58.03 and a 200 day moving average price of $62.70.

Wall Street Analysts Forecast Growth

UL has been the subject of several research reports. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. 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. Zacks Research lowered shares of Unilever from a “hold” rating to a “strong sell” rating in a report on Monday. Weiss Ratings lowered shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target 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.