Simon Quick Advisors LLC Boosts Position in Unilever PLC (NYSE:UL)

Simon Quick Advisors LLC grew its holdings in shares of Unilever PLC (NYSE:UL) by 9.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,565 shares of the company’s stock after purchasing an additional 722 shares during the period. Simon Quick Advisors LLC’s holdings in Unilever were worth $486,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Unilever by 16.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock worth $7,180,000 after acquiring an additional 15,941 shares during the period. Verition Fund Management LLC acquired a new stake in Unilever during the 3rd quarter valued at $11,694,000. Bank of Montreal Can grew its holdings in Unilever by 249.5% during the 2nd quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock valued at $98,204,000 after purchasing an additional 1,248,136 shares in the last quarter. WCM Investment Management LLC increased its stake in Unilever by 236.2% during the 3rd quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock worth $1,997,000 after buying an additional 21,441 shares during the period. Finally, Radnor Capital Management LLC purchased a new position in Unilever in the 3rd quarter valued at about $1,388,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

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

Unilever Price Performance

Shares of NYSE UL opened at $56.02 on Thursday. The firm’s 50-day moving average price is $57.56 and its two-hundred day moving average price is $60.37. Unilever PLC has a 52-week low of $46.46 and a 52-week 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.