697,700 Shares in Unilever PLC (UL) Purchased by LMR Partners LLP

LMR Partners LLP acquired a new position in shares of Unilever PLC (NYSE:UL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 697,700 shares of the company’s stock, valued at approximately $40,438,000. Unilever PLC comprises approximately 4.4% of LMR Partners LLP’s holdings, making the stock its 5th largest holding. LMR Partners LLP owned 0.06% of Unilever PLC at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its position in Unilever PLC by 47.6% in the second quarter. Goldman Sachs Group Inc. now owns 1,837,277 shares of the company’s stock valued at $99,434,000 after purchasing an additional 592,653 shares during the period. Assetmark Inc. raised its position in Unilever PLC by 25,856.4% in the third quarter. Assetmark Inc. now owns 230,752 shares of the company’s stock valued at $13,374,000 after purchasing an additional 229,863 shares during the period. NINE MASTS CAPITAL Ltd purchased a new stake in Unilever PLC in the second quarter valued at $10,548,000. Segantii Capital Management Ltd purchased a new stake in Unilever PLC in the second quarter valued at $8,949,000. Finally, FMR LLC raised its position in Unilever PLC by 988.1% in the first quarter. FMR LLC now owns 175,445 shares of the company’s stock valued at $8,657,000 after purchasing an additional 159,321 shares during the period. 7.23% of the stock is currently owned by institutional investors.

Unilever PLC (NYSE:UL) traded down $0.17 during mid-day trading on Friday, hitting $55.84. The company had a trading volume of 745,700 shares, compared to its average volume of 1,689,500. Unilever PLC has a 52-week low of $38.79 and a 52-week high of $60.13.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 3rd will be issued a dividend of $0.4217 per share. This is an increase from Unilever PLC’s previous quarterly dividend of $0.41. The ex-dividend date is Thursday, November 2nd. This represents a $1.69 annualized dividend and a yield of 3.02%.

A number of research firms have commented on UL. Argus began coverage on Unilever PLC in a research report on Friday, November 17th. They issued a “hold” rating on the stock. Zacks Investment Research upgraded Unilever PLC from a “sell” rating to a “buy” rating and set a $67.00 target price on the stock in a research report on Thursday, October 19th. Morgan Stanley restated a “neutral” rating on shares of Unilever PLC in a research report on Wednesday, October 11th. J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever PLC in a research report on Thursday, September 7th. Finally, Royal Bank Of Canada downgraded Unilever PLC from a “sector perform” rating to an “underperform” rating in a research report on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $46.50.

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About Unilever PLC

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.

Institutional Ownership by Quarter for Unilever PLC (NYSE:UL)

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