Nwam LLC Grows Position in Unilever PLC $UL

Nwam LLC lifted its position in shares of Unilever PLC (NYSE:UL) by 72.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 20,558 shares of the company’s stock after purchasing an additional 8,616 shares during the quarter. Nwam LLC’s holdings in Unilever were worth $1,236,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UL. Brighton Jones LLC grew its stake in Unilever by 5.4% during the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock worth $599,000 after buying an additional 539 shares during the period. AQR Capital Management LLC raised its stake in shares of 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 acquiring an additional 1,587 shares during the period. Gamco Investors INC. ET AL raised its stake in shares of Unilever by 39.7% in the 2nd quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock valued at $969,000 after acquiring an additional 4,501 shares during the period. Qube Research & Technologies Ltd lifted its holdings in shares of Unilever by 70.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock valued at $23,141,000 after acquiring an additional 156,404 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Unilever by 17.4% during the 2nd quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock valued at $26,155,000 after acquiring an additional 63,376 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Unilever Price Performance

NYSE:UL opened at $64.60 on Thursday. The firm has a 50-day moving average of $62.77 and a two-hundred day moving average of $61.60. Unilever PLC has a 1-year low of $54.75 and a 1-year high of $74.97.

Unilever (NYSE:UL) last announced its earnings results on Tuesday, July 28th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.84 by ($1.25). The firm had revenue of $14.62 billion during the quarter, compared to analyst estimates of $14.80 billion. On average, research analysts expect that Unilever PLC will post 3.52 EPS for the current year.

Unilever 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.