Two Sigma Securities LLC Invests $875,000 in Unilever PLC $UL

Two Sigma Securities LLC acquired a new position in Unilever PLC (NYSE:UL) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 14,546 shares of the company’s stock, valued at approximately $875,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC lifted its position in Unilever by 5.4% during the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock valued at $599,000 after purchasing an additional 539 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Unilever by 4.7% in the 1st quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock worth $2,085,000 after buying an additional 1,587 shares during the last quarter. Gamco Investors INC. ET AL raised its position in shares of Unilever by 39.7% during the 2nd quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock valued at $969,000 after buying an additional 4,501 shares in the last quarter. Qube Research & Technologies Ltd raised its position in shares of Unilever by 70.5% during the 2nd 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 in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Unilever by 17.4% during the 2nd quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock worth $26,155,000 after acquiring an additional 63,376 shares during the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on UL shares. Zacks Research upgraded shares of Unilever from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Finally, TD Cowen reiterated a “buy” rating on shares of Unilever in a report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $65.55.

Unilever Stock Performance

Shares of UL opened at $64.46 on Wednesday. Unilever PLC has a fifty-two week low of $54.75 and a fifty-two week high of $74.97. The firm has a 50 day moving average price of $62.68 and a 200-day moving average price of $61.67.

Unilever (NYSE:UL) last released its earnings results on Tuesday, July 28th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $1.84 by ($1.25). The company had revenue of $14.62 billion for the quarter, compared to the consensus estimate of $14.80 billion. Equities analysts expect that Unilever PLC will post 3.52 earnings per share for the current year.

Unilever 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.