Unilever PLC (NYSE:UL) Shares Purchased by WCM Investment Management LLC

WCM Investment Management LLC raised its stake in Unilever PLC (NYSE:UL) by 166.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,313 shares of the company’s stock after purchasing an additional 50,793 shares during the quarter. WCM Investment Management LLC’s holdings in Unilever were worth $4,615,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Fisher Asset Management LLC grew its stake in Unilever by 7.1% during the third quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock worth $1,086,547,000 after buying an additional 1,114,177 shares during the period. Jennison Associates LLC lifted its holdings in shares of Unilever by 66.4% during the 4th quarter. Jennison Associates LLC now owns 3,454,686 shares of the company’s stock valued at $195,881,000 after acquiring an additional 1,378,517 shares in the last quarter. Hamlin Capital Management LLC boosted its position in Unilever by 7.8% during the 4th quarter. Hamlin Capital Management LLC now owns 2,874,929 shares of the company’s stock worth $163,008,000 after purchasing an additional 207,549 shares during the period. Bank of Montreal Can increased its holdings in Unilever by 3.7% in the 3rd quarter. Bank of Montreal Can now owns 1,812,164 shares of the company’s stock valued at $118,588,000 after purchasing an additional 63,835 shares in the last quarter. Finally, Citigroup Inc. raised its position in Unilever by 493.4% in the third quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock valued at $71,785,000 after purchasing an additional 918,841 shares during the period. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Trading Up 0.4 %

Unilever stock opened at $58.28 on Monday. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The stock has a 50 day moving average of $57.33 and a 200-day moving average of $60.38.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on UL shares. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price 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.