SG Americas Securities LLC Reduces Stock Holdings in Unilever PLC $UL

SG Americas Securities LLC lessened its position in shares of Unilever PLC (NYSE:UL) by 41.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,554 shares of the company’s stock after selling 13,568 shares during the quarter. SG Americas Securities LLC’s holdings in Unilever were worth $1,114,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Wellington Management Group LLP raised its position in Unilever by 9.3% during the third quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock worth $2,054,973,000 after acquiring an additional 2,935,227 shares during the last quarter. Bank of America Corp DE grew its position in shares of Unilever by 1.6% in the third quarter. Bank of America Corp DE now owns 5,773,638 shares of the company’s stock valued at $342,261,000 after purchasing an additional 91,049 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Unilever in the fourth quarter valued at approximately $268,704,000. Raymond James Financial Inc. increased its stake in shares of Unilever by 9.8% during the 4th quarter. Raymond James Financial Inc. now owns 3,616,603 shares of the company’s stock worth $236,526,000 after purchasing an additional 323,393 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Unilever by 44.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,067,651 shares of the company’s stock worth $200,625,000 after purchasing an additional 942,286 shares in the last quarter. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Price Performance

NYSE:UL opened at $62.52 on Friday. The firm has a 50 day simple moving average of $58.13 and a 200-day simple moving average of $62.70. Unilever PLC has a 1-year low of $54.75 and a 1-year high of $74.97.

Analyst Ratings Changes

A number of research firms recently issued reports on UL. Zacks Research lowered Unilever from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average 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.