As Unilever Plc (UL) Market Valuation Declined, Arrowstreet Capital Limited Partnership Boosted Stake

The Unilever Group (NYSE:UL) Logo

Arrowstreet Capital Limited Partnership increased its stake in Unilever Plc (UL) by 5.93% based on its latest 2019Q2 regulatory filing with the SEC. Arrowstreet Capital Limited Partnership bought 272,065 shares as the company’s stock declined 0.22% . The institutional investor held 4.86M shares of the package goods and cosmetics company at the end of 2019Q2, valued at $301.10M, up from 4.59M at the end of the previous reported quarter. Arrowstreet Capital Limited Partnership who had been investing in Unilever Plc for a number of months, seems to be bullish on the $160.78B market cap company. The stock decreased 0.86% or $0.53 during the last trading session, reaching $61.14. About 529,591 shares traded. The Unilever Group (NYSE:UL) has risen 6.05% since September 13, 2018 and is uptrending. It has outperformed by 6.05% the S&P500.

Arrowstreet Capital Limited Partnership, which manages about $55.30 billion and $44.85B US Long portfolio, decreased its stake in Vertex Pharmaceuticals Inc (NASDAQ:VRTX) by 133,127 shares to 708,382 shares, valued at $129.90 million in 2019Q2, according to the filing. It also reduced its holding in World Fuel Svcs Corp (NYSE:INT) by 296,542 shares in the quarter, leaving it with 45,680 shares, and cut its stake in Mohawk Inds Inc (NYSE:MHK).

More news for The Unilever Group (NYSE:UL) were recently published by: Finance.Yahoo.com, which released: “Is Unilever plc (UL) A Good Stock To Buy? – Yahoo Finance” on June 25, 2019. Seekingalpha.com‘s article titled: “Unilever: My Favourite Defensive Pick Right Now – Seeking Alpha” and published on August 19, 2019 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.