Cardinal Capital Management Inc. Has $23.50 Million Stock Position in Unilever PLC (NYSE:UL)

Cardinal Capital Management Inc. grew its holdings in Unilever PLC (NYSE:UL) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 414,394 shares of the company’s stock after purchasing an additional 6,647 shares during the period. Cardinal Capital Management Inc.’s holdings in Unilever were worth $23,496,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Fisher Asset Management LLC lifted 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 valued at $1,086,547,000 after purchasing an additional 1,114,177 shares during the last quarter. Hamlin Capital Management LLC lifted its stake 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 buying an additional 207,549 shares during the last quarter. Saratoga Research & Investment Management boosted its holdings in shares of Unilever by 0.8% during the 2nd quarter. Saratoga Research & Investment Management now owns 2,767,207 shares of the company’s stock worth $152,169,000 after buying an additional 22,325 shares during the period. Jennison Associates LLC grew its stake in Unilever by 981.6% in 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 during the last quarter. Finally, Bank of Montreal Can raised its holdings in Unilever by 3.7% in the 3rd quarter. Bank of Montreal Can now owns 1,812,164 shares of the company’s stock valued at $118,588,000 after acquiring an additional 63,835 shares during the period. Institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

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

Unilever Trading Down 1.6 %

UL stock opened at $56.02 on Thursday. The company has a 50 day simple moving average of $57.53 and a 200 day simple moving average of $60.34. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.

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.