Cubist Systematic Strategies LLC grew its stake in Unilever plc (NYSE:UL) by 38.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,005 shares of the company’s stock after acquiring an additional 2,214 shares during the period. Cubist Systematic Strategies LLC’s holdings in Unilever were worth $464,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Harding Loevner LP raised its stake in shares of Unilever by 5,115.5% in the third quarter. Harding Loevner LP now owns 136,128,531 shares of the company’s stock worth $24,696,000 after acquiring an additional 133,518,453 shares during the last quarter. Mawer Investment Management Ltd. grew its position in shares of Unilever by 2.5% during the 3rd quarter. Mawer Investment Management Ltd. now owns 4,009,541 shares of the company’s stock worth $232,393,000 after buying an additional 99,177 shares during the period. Artisan Partners Limited Partnership grew its position in shares of Unilever by 1.4% during the 3rd quarter. Artisan Partners Limited Partnership now owns 2,686,581 shares of the company’s stock worth $155,714,000 after buying an additional 38,154 shares during the period. Ameriprise Financial Inc. grew its position in shares of Unilever by 2.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,409,797 shares of the company’s stock worth $140,549,000 after buying an additional 61,009 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of Unilever by 47.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,837,277 shares of the company’s stock worth $99,434,000 after buying an additional 592,653 shares during the period. 7.09% of the stock is owned by institutional investors.
Several equities research analysts have recently commented on UL shares. Zacks Investment Research cut shares of Unilever from a “buy” rating to a “sell” rating in a research report on Saturday, October 14th. Argus started coverage on shares of Unilever in a research report on Friday, November 17th. They set a “hold” rating for the company. Morgan Stanley reiterated a “neutral” rating on shares of Unilever in a research report on Wednesday, October 11th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a research report on Monday, December 18th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $44.50.
Shares of Unilever plc (UL) traded up $1.21 during midday trading on Friday, reaching $57.08. 3,660,000 shares of the company were exchanged, compared to its average volume of 1,094,737. Unilever plc has a 52-week low of $40.31 and a 52-week high of $60.13.
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Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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