WCM Investment Management LLC Boosts Stock Position in Unilever PLC (NYSE:UL)

WCM Investment Management LLC increased its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 166.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,313 shares of the company's stock after acquiring an additional 50,793 shares during the quarter. WCM Investment Management LLC's holdings in Unilever were worth $4,615,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of UL. Stonegate Investment Group LLC raised its stake in shares of Unilever by 155.2% in the fourth quarter. Stonegate Investment Group LLC now owns 8,415 shares of the company's stock valued at $477,000 after buying an additional 5,117 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Unilever by 16.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company's stock valued at $7,180,000 after buying an additional 15,941 shares during the period. Verition Fund Management LLC bought a new stake in shares of Unilever in the third quarter valued at $11,694,000. Radnor Capital Management LLC bought a new stake in shares of Unilever during the 3rd quarter valued at $1,388,000. Finally, Oak Ridge Investments LLC raised its stake in shares of Unilever by 5.5% during the 4th quarter. Oak Ridge Investments LLC now owns 115,946 shares of the company's stock valued at $6,574,000 after purchasing an additional 6,092 shares during the period. 9.67% of the stock is currently owned by institutional investors.

Unilever Price Performance

Unilever stock traded down $3.13 during midday trading on Thursday, hitting $56.01. 9,924,689 shares of the company's stock were exchanged, compared to its average volume of 2,640,517. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The stock has a 50-day moving average price of $57.28 and a two-hundred day moving average price of $60.38.

Wall Street Analysts Forecast Growth

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

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.