Quantinno Capital Management LP Raises Stake in Unilever PLC $UL

Quantinno Capital Management LP increased its position in Unilever PLC (NYSE:UL) by 13.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 360,274 shares of the company’s stock after buying an additional 42,152 shares during the period. Quantinno Capital Management LP’s holdings in Unilever were worth $20,525,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of UL. Elyxium Wealth LLC acquired a new stake in Unilever during the fourth quarter worth approximately $25,000. Bard Associates Inc. acquired a new position in Unilever in the 4th quarter valued at $27,000. Palisade Asset Management LLC purchased a new position in shares of Unilever during the 3rd quarter worth $25,000. Financial Life Planners acquired a new stake in shares of Unilever during the first quarter worth $25,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of Unilever during the first quarter worth $29,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Trading Down 2.7%

UL opened at $63.53 on Friday. Unilever PLC has a 52-week low of $54.75 and a 52-week high of $74.97. The company has a 50 day moving average of $59.96 and a two-hundred day moving average of $62.33.

Analyst Ratings Changes

UL has been the subject of several analyst reports. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Zacks Research raised Unilever from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Weiss Ratings upgraded Unilever from a “sell (d)” rating to a “hold (c-)” rating in a report on Thursday. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Finally, TD Cowen reissued a “buy” rating on shares of Unilever in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $65.55.

Unilever Company Profile

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.