Geneos Wealth Management Inc. Boosts Holdings in Unilever PLC (NYSE:UL)

Geneos Wealth Management Inc. grew its holdings in Unilever PLC (NYSE:UL) by 14.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,114 shares of the company’s stock after acquiring an additional 1,569 shares during the period. Geneos Wealth Management Inc.’s holdings in Unilever were worth $687,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Jennison Associates LLC lifted its stake in shares of Unilever by 981.6% during the 3rd quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock valued at $134,868,000 after buying an additional 1,884,216 shares in the last quarter. Clearbridge Investments LLC grew its position in shares of Unilever by 598.7% during the second quarter. Clearbridge Investments LLC now owns 1,301,239 shares of the company’s stock worth $71,555,000 after purchasing an additional 1,114,992 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of 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 purchasing an additional 1,114,177 shares in the last quarter. Citigroup Inc. lifted its holdings in Unilever by 493.4% in 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 in the last quarter. Finally, Icon Wealth Advisors LLC boosted its stake in Unilever by 7,466.0% in the 3rd quarter. Icon Wealth Advisors LLC now owns 629,569 shares of the company’s stock worth $40,897,000 after purchasing an additional 621,248 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Trading Up 2.9 %

Shares of UL stock opened at $58.16 on Tuesday. The firm has a fifty day moving average price of $57.50 and a 200 day moving average price of $60.38. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87.

Wall Street Analyst Weigh In

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

About Unilever

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.