NewSquare Capital LLC Buys 9,088 Shares of Unilever PLC $UL

NewSquare Capital LLC increased its stake in Unilever PLC (NYSE:UL) by 6.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 157,942 shares of the company’s stock after purchasing an additional 9,088 shares during the quarter. NewSquare Capital LLC’s holdings in Unilever were worth $9,661,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of UL. N.E.W. Advisory Services LLC bought a new stake in shares of Unilever in the 1st quarter worth approximately $30,000. Brentview Investment Management LLC bought a new stake in shares of Unilever in the 1st quarter worth approximately $33,000. Richardson Financial Services Inc. raised its holdings in shares of Unilever by 209.0% in the 1st quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after purchasing an additional 418 shares during the period. Financial Connections Group Inc. bought a new stake in shares of Unilever in the 2nd quarter worth approximately $39,000. Finally, Marshall & Sullivan Inc. WA bought a new stake in shares of Unilever in the 2nd quarter worth approximately $55,000. Institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

UL has been the topic of a number of research reports. Zacks Research cut shares of Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Unilever in a report on Wednesday, October 8th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a report on Sunday, August 3rd. Finally, CICC Research began coverage on shares of Unilever in a report on Thursday, August 21st. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $73.00.

Unilever Stock Up 0.8%

Unilever stock opened at $60.69 on Tuesday. Unilever PLC has a fifty-two week low of $54.32 and a fifty-two week high of $65.66. The firm’s fifty day moving average price is $61.46 and its 200-day moving average price is $61.81.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.