Unilever PLC (NYSE:UL) Shares Purchased by Simon Quick Advisors LLC

Simon Quick Advisors LLC raised its position in Unilever PLC (NYSE:UL) by 9.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,565 shares of the company’s stock after purchasing an additional 722 shares during the period. Simon Quick Advisors LLC’s holdings in Unilever were worth $486,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Jennison Associates LLC increased its position in Unilever by 981.6% during the third quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock worth $134,868,000 after buying an additional 1,884,216 shares in the last quarter. Bank of Montreal Can increased its position in Unilever by 249.5% during the 2nd quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock worth $98,204,000 after purchasing an additional 1,248,136 shares in the last quarter. Clearbridge Investments LLC raised its stake in Unilever by 598.7% in the 2nd quarter. Clearbridge Investments LLC now owns 1,301,239 shares of the company’s stock valued at $71,555,000 after purchasing an additional 1,114,992 shares during the last quarter. Fisher Asset Management LLC raised its stake in Unilever by 7.1% in the 3rd quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock valued at $1,086,547,000 after purchasing an additional 1,114,177 shares during the last quarter. Finally, Citigroup Inc. lifted its holdings in Unilever by 493.4% in the 3rd quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock valued at $71,785,000 after purchasing an additional 918,841 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

Shares of NYSE UL opened at $56.02 on Thursday. The firm has a fifty day moving average of $57.56 and a 200-day moving average of $60.37. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target 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.