SG Americas Securities LLC Invests $169,000 in Unilever PLC (NYSE:UL)

SG Americas Securities LLC acquired a new position in Unilever PLC (NYSE:UL) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,980 shares of the company’s stock, valued at approximately $169,000.

Several other large investors have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC lifted its position in Unilever by 16.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock worth $7,180,000 after purchasing an additional 15,941 shares during the period. Verition Fund Management LLC acquired a new stake in shares of Unilever in the third quarter valued at $11,694,000. WCM Investment Management LLC lifted its holdings in shares of Unilever by 236.2% in the third quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock valued at $1,997,000 after buying an additional 21,441 shares during the period. Radnor Capital Management LLC acquired a new position in Unilever during the third quarter worth about $1,388,000. Finally, Oak Ridge Investments LLC raised its position in Unilever by 5.5% in the fourth quarter. Oak Ridge Investments LLC now owns 115,946 shares of the company’s stock worth $6,574,000 after acquiring an additional 6,092 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UL has been the subject of several research reports. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Trading Up 0.4 %

Shares of UL opened at $58.28 on Monday. The company’s fifty day moving average price is $57.33 and its 200 day moving average price is $60.38. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

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.