Rockland Trust Co. Has $9.75 Million Stock Holdings in Unilever PLC $UL

Rockland Trust Co. raised its stake in Unilever PLC (NYSE:UL) by 20.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 162,239 shares of the company’s stock after purchasing an additional 27,415 shares during the period. Rockland Trust Co.’s holdings in Unilever were worth $9,754,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock worth $599,000 after acquiring an additional 539 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Unilever by 4.7% during the first 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 in the last quarter. Gamco Investors INC. ET AL increased its holdings in shares of Unilever by 39.7% during the second 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 in the last quarter. Qube Research & Technologies Ltd raised its position in shares of Unilever by 70.5% during the second quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock worth $23,141,000 after purchasing an additional 156,404 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Unilever by 17.4% in the 2nd quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock worth $26,155,000 after purchasing an additional 63,376 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. TD Cowen reissued a “buy” rating on shares of Unilever in a research report on Wednesday, July 29th. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Zacks Research upgraded shares of Unilever from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings raised shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $65.55.

Unilever Stock Performance

Unilever stock opened at $62.90 on Friday. Unilever PLC has a fifty-two week low of $54.75 and a fifty-two week high of $74.97. The firm’s 50-day simple moving average is $60.62 and its 200 day simple moving average is $62.30.

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.