Unilever PLC $UL Shares Sold by ABC Arbitrage SA

ABC Arbitrage SA reduced its stake in shares of Unilever PLC (NYSE:UL) by 59.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 100,174 shares of the company’s stock after selling 145,241 shares during the quarter. ABC Arbitrage SA’s holdings in Unilever were worth $6,128,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in Unilever by 5.4% during the 4th quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock worth $599,000 after purchasing an additional 539 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of Unilever by 5.0% in the 1st quarter. Signaturefd LLC now owns 44,333 shares of the company’s stock worth $2,640,000 after purchasing an additional 2,091 shares during the last quarter. SBI Securities Co. Ltd. grew its position in shares of Unilever by 0.8% during the first quarter. SBI Securities Co. Ltd. now owns 21,492 shares of the company’s stock worth $1,280,000 after acquiring an additional 172 shares during the last quarter. Pinkerton Retirement Specialists LLC raised its stake in Unilever by 0.5% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 82,502 shares of the company’s stock valued at $4,913,000 after acquiring an additional 386 shares in the last quarter. Finally, Sage Mountain Advisors LLC grew its position in Unilever by 6.7% in the 1st quarter. Sage Mountain Advisors LLC now owns 3,888 shares of the company’s stock valued at $232,000 after buying an additional 245 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research report on Wednesday, November 5th. Zacks Research downgraded shares of Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. Finally, CICC Research initiated coverage on shares of Unilever in a research note on Thursday, August 21st. They set an “outperform” rating for the company. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Unilever presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

Unilever Trading Up 0.3%

NYSE UL opened at $61.02 on Wednesday. The firm’s 50 day moving average price is $61.25 and its two-hundred day moving average price is $61.69. Unilever PLC has a twelve month low of $54.32 and a twelve month high of $65.66.

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.