Unilever PLC $UL Stock Holdings Trimmed by Prosperity Consulting Group LLC

Prosperity Consulting Group LLC reduced its position in Unilever PLC (NYSE:UL) by 2.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 44,518 shares of the company’s stock after selling 1,276 shares during the period. Prosperity Consulting Group LLC’s holdings in Unilever were worth $2,723,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC bought a new stake in Unilever in the first quarter valued at about $30,000. Brentview Investment Management LLC bought a new stake in Unilever in the first quarter valued at about $33,000. Richardson Financial Services Inc. increased its holdings in Unilever by 209.0% in the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock valued at $37,000 after buying an additional 418 shares during the last quarter. Financial Connections Group Inc. bought a new stake in Unilever in the second quarter valued at about $39,000. Finally, Marshall & Sullivan Inc. WA bought a new stake in Unilever in the second quarter valued at about $55,000. 9.67% of the stock is owned by institutional investors.

Unilever Stock Up 0.8%

Shares of NYSE UL opened at $60.69 on Tuesday. The stock has a fifty day moving average price of $61.46 and a two-hundred day moving average price of $61.81. Unilever PLC has a 1 year low of $54.32 and a 1 year high of $65.66.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. Zacks Research cut Unilever from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. CICC Research assumed coverage on Unilever in a research report on Thursday, August 21st. They set an “outperform” rating on the stock. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Unilever currently has a consensus rating of “Moderate Buy” and a consensus price target of $73.00.

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.