Unilever PLC (NYSE:UL) Holdings Reduced by Keene & Associates Inc.

Keene & Associates Inc. decreased its position in shares of Unilever PLC (NYSE:UL) by 1.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,092 shares of the company’s stock after selling 1,036 shares during the quarter. Unilever accounts for approximately 3.2% of Keene & Associates Inc.’s portfolio, making the stock its 7th largest holding. Keene & Associates Inc.’s holdings in Unilever were worth $4,163,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fiera Capital Corp raised its position in shares of Unilever by 1,866.0% during the 2nd quarter. Fiera Capital Corp now owns 2,135,859 shares of the company’s stock valued at $117,451,000 after buying an additional 2,027,221 shares during the period. Equity Investment Corp lifted its position in shares of Unilever by 107.1% during the 1st quarter. Equity Investment Corp now owns 2,910,751 shares of the company’s stock worth $146,091,000 after purchasing an additional 1,505,233 shares during the last quarter. Bank of Montreal Can lifted its holdings in Unilever by 249.5% during the 2nd quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock worth $98,204,000 after buying an additional 1,248,136 shares during the last quarter. Clearbridge Investments LLC boosted its holdings in Unilever by 598.7% in the second quarter. Clearbridge Investments LLC now owns 1,301,239 shares of the company’s stock valued at $71,555,000 after purchasing an additional 1,114,992 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Unilever by 26.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company’s stock worth $241,145,000 after acquiring an additional 911,443 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

UL stock opened at $60.65 on Thursday. The firm has a 50 day simple moving average of $63.77 and a 200 day simple moving average of $58.01. Unilever PLC has a 12 month low of $46.16 and a 12 month high of $65.87.

Wall Street Analyst Weigh In

UL has been the topic of a number of recent research reports. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, October 4th. TD Cowen started coverage on Unilever in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price objective for the company. Bank of America raised Unilever from an “underperform” rating to a “buy” rating and upped their target price for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. Finally, UBS Group raised shares of Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $61.75.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.