XML Financial LLC Has $4.23 Million Stake in Unilever PLC $UL

XML Financial LLC lowered its position in shares of Unilever PLC (NYSE:UL) by 15.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,415 shares of the company’s stock after selling 13,255 shares during the period. XML Financial LLC’s holdings in Unilever were worth $4,233,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Unilever by 5.4% in the 4th quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock valued at $599,000 after purchasing an additional 539 shares during the period. AQR Capital Management LLC grew its holdings in Unilever by 4.7% in the 1st quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock valued at $2,085,000 after buying an additional 1,587 shares in the last quarter. Gamco Investors INC. ET AL increased its position in Unilever by 39.7% during the 2nd quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock worth $969,000 after buying an additional 4,501 shares during the period. Qube Research & Technologies Ltd increased its position in Unilever by 70.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock worth $23,141,000 after buying an additional 156,404 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Unilever by 17.4% during the second quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock worth $26,155,000 after buying an additional 63,376 shares in the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UL has been the topic of several research reports. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Zacks Research raised shares of Unilever from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. TD Cowen reissued a “buy” rating on shares of Unilever in a report on Wednesday, July 29th. Finally, Weiss Ratings raised shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $65.55.

Unilever Trading Down 0.6%

Shares of Unilever stock opened at $64.46 on Wednesday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The firm’s 50-day moving average price is $62.68 and its two-hundred day moving average price is $61.67.

Unilever (NYSE:UL) last released its earnings results on Tuesday, July 28th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $1.84 by ($1.25). The business had revenue of $14.62 billion for the quarter, compared to analysts’ expectations of $14.80 billion. Equities research analysts anticipate that Unilever PLC will post 3.52 EPS for the current year.

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.