Unilever PLC (NYSE:UL) Shares Bought by Choreo LLC

Choreo LLC lifted its stake in shares of Unilever PLC (NYSE:UL - Free Report) by 24.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,884 shares of the company's stock after acquiring an additional 10,674 shares during the period. Choreo LLC's holdings in Unilever were worth $3,209,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Norges Bank purchased a new position in shares of Unilever in the 4th quarter worth about $153,606,000. Clearbridge Investments LLC raised its holdings in shares of Unilever by 140.1% in the 4th quarter. Clearbridge Investments LLC now owns 3,719,284 shares of the company's stock worth $210,883,000 after purchasing an additional 2,170,242 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Unilever by 401.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,465,523 shares of the company's stock worth $83,095,000 after purchasing an additional 1,173,298 shares during the period. D. E. Shaw & Co. Inc. raised its holdings in shares of Unilever by 592.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,070,818 shares of the company's stock worth $60,715,000 after purchasing an additional 916,246 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of Unilever by 7,286.5% in the 1st quarter. GAMMA Investing LLC now owns 781,713 shares of the company's stock worth $46,551,000 after purchasing an additional 771,130 shares during the period. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Trading Down 1.0%

NYSE UL traded down $0.63 during mid-day trading on Friday, reaching $60.41. 1,685,392 shares of the company's stock traded hands, compared to its average volume of 2,549,715. Unilever PLC has a 1-year low of $54.32 and a 1-year high of $65.87. The company has a fifty day simple moving average of $62.00 and a 200-day simple moving average of $60.05. The company has a market cap of $148.21 billion, a price-to-earnings ratio of 17.31, a P/E/G ratio of 3.87 and a beta of 0.41.

Wall Street Analysts Forecast Growth

UL has been the topic of a number of research reports. UBS Group upgraded Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. BNP Paribas upgraded Unilever to a "strong-buy" rating in a report on Thursday, May 29th. BNP Paribas Exane started coverage on Unilever in a report on Thursday, May 29th. They set an "outperform" rating and a $73.00 target price on the stock. Finally, Wall Street Zen downgraded Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $72.50.

Unilever Company 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.