31,915 Shares in Unilever PLC (NYSE:UL) Purchased by Entropy Technologies LP

Entropy Technologies LP acquired a new position in shares of Unilever PLC (NYSE:UL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 31,915 shares of the company’s stock, valued at approximately $1,810,000.

Other hedge funds have also added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in shares of Unilever during the 2nd quarter worth approximately $594,000. Brookstone Capital Management bought a new stake in shares of Unilever in the third quarter valued at $226,000. Wedmont Private Capital lifted its position in shares of Unilever by 29.0% during the 3rd quarter. Wedmont Private Capital now owns 5,401 shares of the company’s stock valued at $336,000 after buying an additional 1,213 shares during the last quarter. Fiduciary Financial Group LLC grew its stake in shares of Unilever by 4.3% during the 3rd quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock worth $307,000 after acquiring an additional 201 shares during the period. Finally, Ritholtz Wealth Management increased its holdings in Unilever by 47.0% in the 3rd quarter. Ritholtz Wealth Management now owns 56,402 shares of the company’s stock worth $3,664,000 after acquiring an additional 18,034 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on UL shares. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, Erste Group Bank restated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $61.75.

Unilever Stock Up 0.4 %

Unilever stock opened at $58.28 on Monday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The firm’s 50 day simple moving average is $57.33 and its 200 day simple moving average is $60.38.

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.