Unilever PLC (NYSE:UL) Shares Sold by Advocate Group LLC

Advocate Group LLC decreased its position in shares of Unilever PLC (NYSE:UL) by 7.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 130,990 shares of the company’s stock after selling 11,110 shares during the period. Advocate Group LLC’s holdings in Unilever were worth $7,427,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in UL. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Unilever in the third quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. increased its holdings in shares of Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after purchasing an additional 405 shares during the period. Brooklyn Investment Group acquired a new position in Unilever during the third quarter worth $40,000. Coastline Trust Co acquired a new position in Unilever during the third quarter worth $48,000. Finally, ST Germain D J Co. Inc. boosted its position in Unilever by 62.8% during the third quarter. ST Germain D J Co. Inc. now owns 861 shares of the company’s stock worth $56,000 after purchasing an additional 332 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

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

Unilever Trading Down 0.3 %

UL stock opened at $56.49 on Friday. The stock has a 50-day simple moving average of $57.50 and a 200-day simple moving average of $60.32. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.

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.