R Squared Ltd Acquires Shares of 3,880 Unilever PLC (NYSE:UL)

R Squared Ltd bought a new stake in Unilever PLC (NYSE:UL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,880 shares of the company’s stock, valued at approximately $220,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in UL. Thrivent Financial for Lutherans increased its position in Unilever by 4.1% in the second quarter. Thrivent Financial for Lutherans now owns 13,538 shares of the company’s stock worth $744,000 after purchasing an additional 536 shares during the period. Marshall Wace LLP acquired a new stake in shares of Unilever during the 2nd quarter worth approximately $6,719,000. AQR Capital Management LLC acquired a new stake in shares of Unilever during the 2nd quarter worth approximately $594,000. The Manufacturers Life Insurance Company raised its stake in shares of Unilever by 4.5% during the second quarter. The Manufacturers Life Insurance Company now owns 544,547 shares of the company’s stock worth $29,945,000 after buying an additional 23,415 shares during the last quarter. Finally, Creative Planning lifted its holdings in Unilever by 9.8% in the second quarter. Creative Planning now owns 271,907 shares of the company’s stock valued at $14,952,000 after buying an additional 24,235 shares during the period. Institutional investors own 9.67% of the company’s stock.

Unilever Trading Down 1.0 %

NYSE:UL opened at $57.52 on Wednesday. The business’s 50-day simple moving average is $57.51 and its 200-day simple moving average is $60.39. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87.

Wall Street Analyst Weigh In

Several analysts have commented on UL shares. 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. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Erste Group Bank restated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Finally, Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Three 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’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price 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.