SCS Capital Management LLC Has $13.44 Million Stake in Unilever PLC $UL

SCS Capital Management LLC grew its stake in shares of Unilever PLC (NYSE:UL) by 440.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 219,778 shares of the company’s stock after buying an additional 179,129 shares during the period. SCS Capital Management LLC’s holdings in Unilever were worth $13,444,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of UL. Great Diamond Partners LLC raised its position in shares of Unilever by 174.7% in the 2nd quarter. Great Diamond Partners LLC now owns 11,508 shares of the company’s stock valued at $704,000 after acquiring an additional 7,318 shares during the period. Baird Financial Group Inc. increased its stake in Unilever by 10.6% in the second quarter. Baird Financial Group Inc. now owns 87,852 shares of the company’s stock valued at $5,374,000 after purchasing an additional 8,398 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Unilever by 172.9% in the second quarter. EverSource Wealth Advisors LLC now owns 4,694 shares of the company’s stock valued at $287,000 after purchasing an additional 2,974 shares in the last quarter. 1832 Asset Management L.P. raised its holdings in Unilever by 3.8% in the second quarter. 1832 Asset Management L.P. now owns 26,323 shares of the company’s stock worth $1,610,000 after purchasing an additional 961 shares during the period. Finally, CW Advisors LLC boosted its position in shares of Unilever by 64.4% during the second quarter. CW Advisors LLC now owns 16,337 shares of the company’s stock worth $999,000 after purchasing an additional 6,402 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Performance

Shares of Unilever stock opened at $59.07 on Friday. The stock’s 50-day moving average is $60.39 and its 200-day moving average is $61.37. Unilever PLC has a one year low of $54.32 and a one year high of $65.66.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Unilever in a research report on Monday. CICC Research started coverage on Unilever in a report on Thursday, August 21st. They issued an “outperform” rating for the company. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Wednesday, November 5th. Finally, Zacks Research lowered Unilever from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Unilever currently has an average rating of “Moderate Buy” and an average price target of $73.00.

Unilever Company 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.