R Squared Ltd Acquires Shares of 15,960 Unilever PLC $UL

R Squared Ltd bought a new position in Unilever PLC (NYSE:UL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 15,960 shares of the company’s stock, valued at approximately $960,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Elyxium Wealth LLC bought a new position in shares of Unilever in the fourth quarter worth about $25,000. Financial Life Planners purchased a new position in Unilever in the 1st quarter worth about $25,000. Palisade Asset Management LLC bought a new stake in Unilever during the 3rd quarter valued at about $25,000. Bard Associates Inc. bought a new stake in Unilever during the 4th quarter valued at about $27,000. Finally, Whipplewood Advisors LLC bought a new stake in Unilever during the 1st quarter valued at about $29,000. 9.67% of the stock is currently owned by institutional investors.

Unilever Stock Down 0.9%

NYSE:UL opened at $62.12 on Friday. Unilever PLC has a 1-year low of $54.75 and a 1-year high of $74.97. The company has a 50-day moving average of $61.28 and a 200 day moving average of $62.20.

Unilever (NYSE:UL) last posted its earnings results on Tuesday, July 28th. The company reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.84 by ($0.92). The business had revenue of $14.62 billion for the quarter, compared to analyst estimates of $14.80 billion. As a group, analysts expect that Unilever PLC will post 3.51 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on UL. TD Cowen restated a “buy” rating on shares of Unilever in a research note on Wednesday, July 29th. Weiss Ratings raised shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Zacks Research upgraded Unilever from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Finally, Royal Bank Of Canada upgraded Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $65.55.

Unilever Company Profile

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.