Unilever PLC (NYSE:UL – Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 3,110,000 shares, an increase of 64.6% from the January 15th total of 1,890,000 shares. Based on an average trading volume of 2,780,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.1% of the company’s shares are short sold.
Analyst Ratings Changes
UL has been the topic of several analyst reports. Barclays upgraded shares of Unilever from an “equal weight” rating to an “overweight” rating in a report on Thursday, November 9th. Sanford C. Bernstein upgraded shares of Unilever from an “underperform” rating to a “market perform” rating in a report on Monday, December 11th. StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Thursday. Finally, Jefferies Financial Group lowered shares of Unilever from a “buy” rating to an “underperform” rating in a report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold”.
Unilever Trading Down 0.1 %
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Citigroup Inc. increased its position in Unilever by 86.7% during the 2nd quarter. Citigroup Inc. now owns 445,178 shares of the company’s stock worth $23,207,000 after purchasing an additional 206,782 shares in the last quarter. IFP Advisors Inc grew its holdings in Unilever by 7.1% during the 2nd quarter. IFP Advisors Inc now owns 5,938 shares of the company’s stock worth $220,000 after acquiring an additional 392 shares during the last quarter. Delta Financial Advisors LLC grew its holdings in Unilever by 15.7% during the 2nd quarter. Delta Financial Advisors LLC now owns 7,419 shares of the company’s stock worth $387,000 after acquiring an additional 1,004 shares during the last quarter. St. James Investment Company LLC grew its holdings in Unilever by 11.3% during the 3rd quarter. St. James Investment Company LLC now owns 733,123 shares of the company’s stock worth $36,216,000 after acquiring an additional 74,539 shares during the last quarter. Finally, ProVise Management Group LLC grew its holdings in Unilever by 12.3% during the 3rd quarter. ProVise Management Group LLC now owns 131,494 shares of the company’s stock worth $6,496,000 after acquiring an additional 14,404 shares during the last quarter. Institutional investors own 9.94% of the company’s stock.
Unilever Company Profile
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.
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