Envestnet Portfolio Solutions Inc. Acquires 20,054 Shares of Unilever PLC $UL

Envestnet Portfolio Solutions Inc. increased its holdings in Unilever PLC (NYSE:UL) by 57.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,109 shares of the company’s stock after purchasing an additional 20,054 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Unilever were worth $3,604,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of UL. Wellington Management Group LLP boosted 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 worth $2,054,973,000 after purchasing an additional 2,935,227 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in Unilever by 13,906.2% in the third quarter. Thrivent Financial for Lutherans now owns 2,268,300 shares of the company’s stock worth $134,465,000 after purchasing an additional 2,252,105 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich bought a new stake in Unilever in the third quarter worth $82,461,000. Fisher Asset Management LLC boosted its holdings in Unilever by 4.4% in the third quarter. Fisher Asset Management LLC now owns 22,537,917 shares of the company’s stock worth $1,336,048,000 after purchasing an additional 959,269 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in Unilever by 78.8% in the second quarter. Corient Private Wealth LLC now owns 1,933,422 shares of the company’s stock worth $118,261,000 after purchasing an additional 852,099 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Weiss Ratings lowered shares of Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft lowered shares of Unilever from a “buy” rating to a “hold” rating in a research report on Monday, February 9th. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. 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 investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Unilever currently has a consensus rating of “Hold” and a consensus price target of $65.55.

Unilever Price Performance

NYSE UL opened at $57.71 on Friday. The company’s 50-day simple moving average is $58.85 and its 200 day simple moving average is $64.57. Unilever PLC has a twelve month low of $54.95 and a twelve month high of $74.97.

Unilever 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.