Courier Capital LLC Sells 849 Shares of Unilever N.V. (NYSE:UL)

Courier Capital LLC lowered its stake in shares of Unilever N.V. (NYSE:UL) by 1.1% during the third quarter, Holdings Channel reports. The fund owned 77,358 shares of the company’s stock after selling 849 shares during the period. Courier Capital LLC’s holdings in Unilever were worth $4,596,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of UL. Lazard Asset Management LLC grew its holdings in Unilever by 406.0% during the 1st quarter. Lazard Asset Management LLC now owns 3,039,499 shares of the company’s stock worth $175,439,000 after acquiring an additional 2,438,811 shares during the last quarter. Thoroughbred Financial Services LLC boosted its stake in shares of Unilever by 5,957.8% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 1,218,640 shares of the company’s stock valued at $121,864,000 after purchasing an additional 1,198,523 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Unilever by 807.1% in the 2nd quarter. Jane Street Group LLC now owns 642,423 shares of the company’s stock valued at $39,923,000 after purchasing an additional 571,602 shares during the last quarter. Gabalex Capital Management LLC bought a new position in shares of Unilever in the 2nd quarter valued at about $7,746,000. Finally, SG Americas Securities LLC bought a new position in shares of Unilever in the 2nd quarter valued at about $5,565,000. 7.05% of the stock is currently owned by hedge funds and other institutional investors.

Unilever stock traded up $0.04 during midday trading on Friday, hitting $59.45. 94,589 shares of the stock were exchanged, compared to its average volume of 791,417. The company has a fifty day simple moving average of $61.53 and a two-hundred day simple moving average of $60.68. Unilever N.V. has a 52 week low of $50.80 and a 52 week high of $64.84. The stock has a market capitalization of $68.91 billion, a PE ratio of 21.44, a P/E/G ratio of 2.56 and a beta of 0.50.

Several research analysts have recently issued reports on the stock. HSBC assumed coverage on shares of Unilever in a research note on Friday, June 28th. They issued a “hold” rating on the stock. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “hold” rating in a research note on Saturday, September 21st. Goldman Sachs Group raised shares of Unilever from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 3rd. Finally, Barclays reaffirmed a “sell” rating on shares of Unilever in a research note on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. Unilever has a consensus rating of “Hold” and a consensus price target of $66.00.

Unilever Company Profile

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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