15,960 Shares in Unilever PLC $UL Bought by R Squared Ltd

R Squared Ltd purchased a new stake in shares of Unilever PLC (NYSE:UL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 15,960 shares of the company’s stock, valued at approximately $960,000.

Several other institutional investors have also bought and sold shares of the business. Elyxium Wealth LLC bought a new stake in shares of Unilever in the 4th quarter worth about $25,000. Bard Associates Inc. bought a new position in shares of Unilever in the 4th quarter valued at about $27,000. Palisade Asset Management LLC bought a new position in shares of Unilever in the 3rd quarter valued at about $25,000. Financial Life Planners bought a new position in shares of Unilever in the 1st quarter valued at about $25,000. Finally, Whipplewood Advisors LLC purchased a new position in Unilever in the first quarter worth about $29,000. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Down 0.9%

UL stock opened at $62.12 on Friday. Unilever PLC has a 12 month low of $54.75 and a 12 month high of $74.97. The company has a 50-day moving average price of $61.28 and a 200 day moving average price of $62.20.

Unilever (NYSE:UL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.92 earnings per share for the quarter, missing analysts’ consensus estimates of $1.84 by ($0.92). The company had revenue of $14.62 billion for the quarter, compared to the consensus estimate of $14.80 billion. As a group, research analysts forecast that Unilever PLC will post 3.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on UL shares. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. TD Cowen reaffirmed a “buy” rating on shares of Unilever in a research note on Wednesday, July 29th. Zacks Research upgraded Unilever from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. Weiss Ratings raised Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, three 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, Unilever has a consensus rating of “Hold” and an average price target of $65.55.

About Unilever

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.