WCG Wealth Advisors LLC Boosts Stake in Unilever PLC $UL

WCG Wealth Advisors LLC grew its position in Unilever PLC (NYSE:UL) by 121.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 93,470 shares of the company’s stock after purchasing an additional 51,292 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Unilever were worth $6,113,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UL. Brighton Jones LLC boosted its holdings in Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock worth $599,000 after acquiring an additional 539 shares in the last quarter. AQR Capital Management LLC increased its stake in Unilever by 4.7% during the 1st quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock valued at $2,085,000 after purchasing an additional 1,587 shares in the last quarter. Gamco Investors INC. ET AL lifted its stake in shares of Unilever by 39.7% during the second quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock worth $969,000 after buying an additional 4,501 shares during the period. Qube Research & Technologies Ltd grew its holdings in shares of Unilever by 70.5% during the second quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock valued at $23,141,000 after buying an additional 156,404 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of Unilever by 17.4% in the 2nd quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock valued at $26,155,000 after acquiring an additional 63,376 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Trading Down 0.6%

Shares of Unilever stock opened at $55.01 on Friday. The business’s 50 day moving average price is $57.52 and its 200 day moving average price is $63.73. Unilever PLC has a one year low of $54.75 and a one year high of $74.97.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Weiss Ratings downgraded Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Kepler Capital Markets downgraded shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Monday, February 9th. Finally, DZ Bank upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Unilever has an average rating of “Hold” and an average target price of $65.55.

About Unilever

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.