GFS Advisors LLC Invests $7.76 Million in Unilever PLC (NYSE:UL)

GFS Advisors LLC acquired a new stake in shares of Unilever PLC (NYSE:UL) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 136,782 shares of the company’s stock, valued at approximately $7,756,000.

Other hedge funds also recently made changes to their positions in the company. Stonegate Investment Group LLC raised its holdings in Unilever by 155.2% during the fourth quarter. Stonegate Investment Group LLC now owns 8,415 shares of the company’s stock valued at $477,000 after acquiring an additional 5,117 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Unilever by 16.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock valued at $7,180,000 after purchasing an additional 15,941 shares during the period. Verition Fund Management LLC purchased a new position in Unilever in the 3rd quarter worth approximately $11,694,000. WCM Investment Management LLC boosted its stake in Unilever by 236.2% in the 3rd quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock worth $1,997,000 after purchasing an additional 21,441 shares during the period. Finally, Radnor Capital Management LLC purchased a new stake in Unilever during the 3rd quarter valued at approximately $1,388,000. 9.67% of the stock is currently owned by institutional investors.

Unilever Stock Performance

Shares of NYSE UL opened at $57.38 on Friday. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87. The firm’s 50-day moving average price is $57.51 and its 200-day moving average price is $60.35.

Analyst Ratings Changes

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

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.