Mezzasalma Advisors LLC Has $661,000 Stock Holdings in Unilever PLC (NYSE:UL)

Mezzasalma Advisors LLC increased its stake in shares of Unilever PLC (NYSE:UL) by 16.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,656 shares of the company’s stock after buying an additional 1,666 shares during the period. Mezzasalma Advisors LLC’s holdings in Unilever were worth $661,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Jennison Associates LLC raised its position in shares of Unilever by 981.6% during the third quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock worth $134,868,000 after acquiring an additional 1,884,216 shares during the last quarter. Fisher Asset Management LLC raised its holdings in Unilever by 7.1% during the 3rd quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock worth $1,086,547,000 after purchasing an additional 1,114,177 shares during the last quarter. Citigroup Inc. lifted its position in Unilever by 493.4% during the 3rd 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. Icon Wealth Advisors LLC grew its position in shares of Unilever by 7,466.0% during the 3rd quarter. Icon Wealth Advisors LLC now owns 629,569 shares of the company’s stock worth $40,897,000 after buying an additional 621,248 shares during the period. Finally, Canoe Financial LP acquired a new stake in shares of Unilever during the 3rd quarter worth approximately $23,488,000. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of Unilever stock opened at $58.28 on Friday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The business has a 50-day moving average of $57.36 and a two-hundred day moving average of $60.36.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Finally, Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $61.75.

Unilever 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.