Unilever PLC (NYSE:UL) Stock Holdings Cut by Avior Wealth Management LLC

Avior Wealth Management LLC cut its position in shares of Unilever PLC (NYSE:UL) by 4.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 10,930 shares of the company’s stock after selling 471 shares during the quarter. Avior Wealth Management LLC’s holdings in Unilever were worth $620,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC grew its holdings in Unilever by 7.1% during the third quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock worth $1,086,547,000 after acquiring an additional 1,114,177 shares during the period. Hamlin Capital Management LLC boosted its position in shares of Unilever by 7.8% during the 4th quarter. Hamlin Capital Management LLC now owns 2,874,929 shares of the company’s stock valued at $163,008,000 after purchasing an additional 207,549 shares in the last quarter. Saratoga Research & Investment Management grew its stake in shares of Unilever by 0.8% in the 2nd quarter. Saratoga Research & Investment Management now owns 2,767,207 shares of the company’s stock worth $152,169,000 after purchasing an additional 22,325 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Unilever by 981.6% in the 3rd quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock worth $134,868,000 after purchasing an additional 1,884,216 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in Unilever by 3.7% during the third quarter. Bank of Montreal Can now owns 1,812,164 shares of the company’s stock valued at $118,588,000 after purchasing an additional 63,835 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

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

Unilever Stock Performance

Shares of NYSE 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 business has a 50-day moving average price of $57.50 and a two-hundred day moving average price of $60.32.

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.