Pillar Pacific Capital Management LLC bought a new position in shares of Unilever PLC (NYSE:UL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 99,679 shares of the company’s stock, valued at approximately $6,017,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Glassman Wealth Services boosted its stake in Unilever by 91.0% during the 3rd quarter. Glassman Wealth Services now owns 405 shares of the company’s stock worth $25,000 after purchasing an additional 193 shares during the last quarter. NuWave Investment Management LLC acquired a new stake in Unilever during the 4th quarter worth $28,000. Atticus Wealth Management LLC acquired a new stake in Unilever during the 4th quarter worth $28,000. Ninety One UK Ltd boosted its stake in Unilever by 82.4% during the 4th quarter. Ninety One UK Ltd now owns 540 shares of the company’s stock worth $33,000 after purchasing an additional 244 shares during the last quarter. Finally, Tortoise Investment Management LLC boosted its stake in Unilever by 266.7% during the 3rd quarter. Tortoise Investment Management LLC now owns 550 shares of the company’s stock worth $34,000 after purchasing an additional 400 shares during the last quarter.
NYSE UL traded up $0.82 during trading hours on Tuesday, reaching $55.13. The company had a trading volume of 218,240 shares, compared to its average volume of 2,167,824. The stock has a 50-day moving average of $57.95 and a 200 day moving average of $59.75. Unilever PLC has a 1-year low of $44.06 and a 1-year high of $63.89. The stock has a market capitalization of $64.42 billion, a P/E ratio of 18.99, a price-to-earnings-growth ratio of 4.19 and a beta of 0.44.
Separately, Zacks Investment Research cut shares of Unilever from a “hold” rating to a “sell” rating in a research report on Wednesday, February 10th. Six investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $57.00.
Unilever PLC, together with its subsidiaries, operates in the fast-moving consumer goods industry worldwide. It operates through three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmÃ©, and Vaseline brands.
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