Two Sigma Securities LLC bought a new position in shares of Unilever PLC (NYSE:UL – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 14,546 shares of the company’s stock, valued at approximately $875,000.
Several other large investors have also recently modified their holdings of the business. Elyxium Wealth LLC purchased a new stake in shares of Unilever during the 4th quarter valued at approximately $25,000. Financial Life Planners purchased a new position in Unilever in the 1st quarter valued at approximately $25,000. Palisade Asset Management LLC purchased a new position in Unilever in the 3rd quarter valued at approximately $25,000. Bard Associates Inc. purchased a new position in Unilever in the 4th quarter valued at approximately $27,000. Finally, Whipplewood Advisors LLC bought a new stake in Unilever during the 1st quarter valued at $29,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.
Unilever Trading Down 0.6%
NYSE UL opened at $64.46 on Wednesday. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97. The company’s 50 day simple moving average is $62.68 and its two-hundred day simple moving average is $61.67.
Wall Street Analysts Forecast Growth
UL has been the topic of several recent research reports. Zacks Research upgraded Unilever from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. TD Cowen reiterated a “buy” rating on shares of Unilever in a research note on Wednesday, July 29th. Finally, Weiss Ratings raised Unilever from a “sell (d)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $65.55.
Read Our Latest Research Report on Unilever
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.
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