Unilever PLC $UL Shares Sold by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd trimmed its position in shares of Unilever PLC (NYSE:UL) by 30.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,563 shares of the company’s stock after selling 5,559 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Unilever were worth $768,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of UL. Wellington Management Group LLP boosted its stake in shares of Unilever by 13.9% in the first quarter. Wellington Management Group LLP now owns 28,100,442 shares of the company’s stock valued at $1,673,381,000 after purchasing an additional 3,421,054 shares during the period. Clark Capital Management Group Inc. acquired a new stake in Unilever during the 1st quarter worth approximately $45,413,000. BNP Paribas Financial Markets boosted its position in Unilever by 764.5% in the 1st quarter. BNP Paribas Financial Markets now owns 775,561 shares of the company’s stock valued at $46,185,000 after buying an additional 685,848 shares during the period. Cheviot Value Management LLC acquired a new position in shares of Unilever in the first quarter worth $24,374,000. Finally, Sustainable Growth Advisers LP increased its position in shares of Unilever by 164.2% during the second quarter. Sustainable Growth Advisers LP now owns 440,108 shares of the company’s stock worth $26,921,000 after acquiring an additional 273,554 shares during the period. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Stock Up 1.9%

Shares of NYSE UL opened at $60.39 on Friday. The business has a 50-day moving average of $60.61 and a two-hundred day moving average of $61.49. Unilever PLC has a 1 year low of $54.32 and a 1 year high of $65.66.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on UL shares. Zacks Research lowered Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. CICC Research began coverage on Unilever in a research report on Thursday, August 21st. They issued an “outperform” rating on the stock. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research note on Wednesday, November 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Unilever in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $73.00.

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.