Unilever PLC (NYSE:UL) Shares Sold by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC cut its stake in Unilever PLC (NYSE:UL) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 250,238 shares of the company’s stock after selling 5,606 shares during the period. Unilever makes up 3.1% of Euro Pacific Asset Management LLC’s investment portfolio, making the stock its 10th largest position. Euro Pacific Asset Management LLC’s holdings in Unilever were worth $14,192,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Unilever in the 3rd quarter valued at about $35,000. Jamison Private Wealth Management Inc. raised its holdings in 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 buying an additional 405 shares during the period. Brooklyn Investment Group purchased a new stake in Unilever during the third quarter worth approximately $40,000. Coastline Trust Co acquired a new stake in shares of Unilever in the third quarter worth $48,000. Finally, ST Germain D J Co. Inc. raised its stake in shares of Unilever by 62.8% in the 3rd quarter. ST Germain D J Co. Inc. now owns 861 shares of the company’s stock valued at $56,000 after acquiring an additional 332 shares during the period. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Unilever Price Performance

Shares of UL opened at $56.49 on Friday. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The stock has a 50-day moving average price of $57.52 and a 200 day moving average price of $60.32.

About Unilever

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.