Zions Bancorporation National Association UT Boosts Holdings in Unilever PLC $UL

Zions Bancorporation National Association UT raised its holdings in shares of Unilever PLC (NYSE:UL) by 97.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,834 shares of the company’s stock after acquiring an additional 45,830 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Unilever were worth $6,071,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new position in Unilever during the 4th quarter valued at about $25,000. Palisade Asset Management LLC acquired a new stake in shares of Unilever during the 3rd quarter worth about $25,000. Global Wealth Strategies & Associates acquired a new stake in shares of Unilever during the 4th quarter worth about $29,000. Asset Dedication LLC boosted its stake in shares of Unilever by 108.8% during the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock worth $28,000 after purchasing an additional 248 shares during the last quarter. Finally, Financial Life Planners acquired a new stake in shares of Unilever during the 3rd quarter worth about $30,000. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Price Performance

UL opened at $58.64 on Thursday. The company’s 50 day simple moving average is $57.30 and its 200 day simple moving average is $63.47. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Argus raised shares of Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Weiss Ratings cut shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Kepler Capital Markets cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Finally, DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Unilever presently has a consensus rating of “Hold” and a consensus price target of $65.55.

Unilever Company 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.