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

NewSquare Capital LLC lifted its position in Unilever PLC (NYSE:UL) by 6.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. 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.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new position in Unilever in the first quarter worth $30,000. Brentview Investment Management LLC purchased a new position in Unilever in the first quarter worth $33,000. Richardson Financial Services Inc. grew its position in Unilever by 209.0% in the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after acquiring an additional 418 shares in the last quarter. Financial Connections Group Inc. purchased a new position in Unilever in the second quarter worth $39,000. Finally, Marshall & Sullivan Inc. WA purchased a new position in Unilever in the second quarter worth $55,000. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Stock Up 0.8%

Shares of NYSE:UL opened at $60.69 on Tuesday. The stock’s 50-day moving average price is $61.46 and its 200-day moving average price is $61.81. Unilever PLC has a 12-month low of $54.32 and a 12-month high of $65.66.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on UL. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. CICC Research started coverage on shares of Unilever in a research report on Thursday, August 21st. They set an “outperform” rating for the company. Finally, Zacks Research cut Unilever from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Unilever currently has a consensus rating of “Moderate Buy” and an average 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.