Trust Point Inc. Has $239,000 Stock Holdings in Unilever PLC (NYSE:UL)

Trust Point Inc. raised its stake in Unilever PLC (NYSE:UL) by 23.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,221 shares of the company’s stock after buying an additional 794 shares during the period. Trust Point Inc.’s holdings in Unilever were worth $239,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fisher Asset Management LLC boosted its holdings in shares of Unilever by 7.1% during the 3rd quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock valued at $1,086,547,000 after acquiring an additional 1,114,177 shares in the last quarter. Jennison Associates LLC raised its position in Unilever by 66.4% in the fourth quarter. Jennison Associates LLC now owns 3,454,686 shares of the company’s stock valued at $195,881,000 after purchasing an additional 1,378,517 shares during the last quarter. Hamlin Capital Management LLC grew its holdings in shares of Unilever by 7.8% during the fourth 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 last quarter. Bank of Montreal Can grew its holdings in 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 acquiring an additional 63,835 shares during the last quarter. Finally, Citigroup Inc. raised its position in Unilever by 493.4% during the 3rd quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock worth $71,785,000 after purchasing an additional 918,841 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Down 0.3 %

NYSE:UL opened at $58.06 on Friday. The firm’s 50 day moving average is $57.40 and its 200 day moving average is $60.37. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Three research analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock 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.