Pacer Advisors Inc. boosted its holdings in shares of Unilever N.V. (NYSE:UL) by 51.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,382 shares of the company’s stock after acquiring an additional 2,160 shares during the quarter. Pacer Advisors Inc.’s holdings in Unilever were worth $384,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. CX Institutional acquired a new stake in shares of Unilever in the second quarter valued at $25,000. Ropes Wealth Advisors LLC acquired a new stake in shares of Unilever in the second quarter valued at $26,000. Lenox Wealth Management Inc. grew its stake in shares of Unilever by 225.3% in the second quarter. Lenox Wealth Management Inc. now owns 566 shares of the company’s stock valued at $35,000 after buying an additional 392 shares in the last quarter. Adirondack Trust Co. grew its stake in shares of Unilever by 258.8% in the second quarter. Adirondack Trust Co. now owns 610 shares of the company’s stock valued at $38,000 after buying an additional 440 shares in the last quarter. Finally, Advisors Preferred LLC acquired a new stake in shares of Unilever in the second quarter valued at $51,000. 7.04% of the stock is owned by institutional investors.
A number of brokerages have recently weighed in on UL. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a research note on Saturday, September 21st. HSBC began coverage on Unilever in a research note on Friday, June 28th. They issued a “hold” rating for the company. Barclays reaffirmed a “sell” rating on shares of Unilever in a research note on Tuesday, September 10th. Finally, Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 3rd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. Unilever has an average rating of “Hold” and a consensus price target of $66.00.
Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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