Three Bridge Wealth Advisors LLC Boosts Position in Unilever PLC (NYSE:UL)

Three Bridge Wealth Advisors LLC increased its position in shares of Unilever PLC (NYSE:UL) by 0.6% during the 4th quarter, HoldingsChannel reports. The fund owned 34,740 shares of the company’s stock after acquiring an additional 198 shares during the quarter. Three Bridge Wealth Advisors LLC’s holdings in Unilever were worth $1,970,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Fisher Asset Management LLC grew its position in Unilever by 7.1% in the third quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock worth $1,086,547,000 after acquiring an additional 1,114,177 shares during the period. Jennison Associates LLC grew 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 worth $195,881,000 after purchasing an additional 1,378,517 shares during the period. Hamlin Capital Management LLC grew its holdings in shares of 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 position in shares of Unilever by 3.7% during the 3rd quarter. Bank of Montreal Can now owns 1,812,164 shares of the company’s stock worth $118,588,000 after purchasing an additional 63,835 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in Unilever by 18.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,240,653 shares of the company’s stock valued at $70,132,000 after buying an additional 190,753 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Up 0.3 %

Shares of UL opened at $59.09 on Thursday. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87. The firm’s 50 day moving average price is $57.29 and its 200 day moving average price is $60.39.

Analyst Upgrades and Downgrades

UL has been the subject of several research analyst reports. Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Three analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Unilever has a consensus 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.