Notis McConarty Edward grew its holdings in shares of Unilever plc (NYSE:UL) by 7.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 43,855 shares of the company’s stock after buying an additional 3,200 shares during the period. Unilever makes up approximately 1.4% of Notis McConarty Edward’s investment portfolio, making the stock its 24th largest holding. Notis McConarty Edward’s holdings in Unilever were worth $2,426,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UL. FMR LLC increased its position in Unilever by 21.3% during the 2nd quarter. FMR LLC now owns 212,825 shares of the company’s stock worth $11,518,000 after purchasing an additional 37,380 shares during the period. Dimensional Fund Advisors LP increased its position in Unilever by 12.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 862,564 shares of the company’s stock worth $46,682,000 after purchasing an additional 97,011 shares during the period. Janus Henderson Group PLC acquired a new position in Unilever during the 2nd quarter worth approximately $3,180,000. Earnest Partners LLC increased its position in Unilever by 0.9% during the 2nd quarter. Earnest Partners LLC now owns 34,546 shares of the company’s stock worth $1,870,000 after purchasing an additional 313 shares during the period. Finally, Cubist Systematic Strategies LLC increased its position in Unilever by 42.1% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 5,791 shares of the company’s stock worth $313,000 after purchasing an additional 1,716 shares during the period. Institutional investors own 7.04% of the company’s stock.
Several equities analysts have issued reports on the company. Zacks Investment Research cut Unilever from a “buy” rating to a “hold” rating in a research report on Wednesday, November 29th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a research report on Monday, December 18th. Argus assumed coverage on Unilever in a research report on Friday, November 17th. They set a “hold” rating on the stock. Finally, Morgan Stanley reiterated a “neutral” rating on shares of Unilever in a research report on Wednesday, October 11th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. Unilever has an average rating of “Hold” and an average price target of $44.50.
Shares of Unilever plc (NYSE:UL) opened at $56.75 on Monday. Unilever plc has a 52 week low of $41.06 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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