Unilever PLC $UL Shares Sold by SCS Capital Management LLC

SCS Capital Management LLC trimmed its stake in shares of Unilever PLC (NYSE:UL) by 11.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 197,408 shares of the company’s stock after selling 24,399 shares during the period. SCS Capital Management LLC’s holdings in Unilever were worth $12,910,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elyxium Wealth LLC purchased a new position in shares of Unilever in the 4th quarter valued at about $25,000. Palisade Asset Management LLC purchased a new position in shares of Unilever in the 3rd quarter valued at about $25,000. Global Wealth Strategies & Associates purchased a new position in shares of Unilever in the 4th quarter valued at about $29,000. Asset Dedication LLC increased its stake in shares of Unilever by 108.8% in the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock valued at $28,000 after purchasing an additional 248 shares in the last quarter. Finally, Financial Life Planners purchased a new position in shares of Unilever in the 3rd quarter valued at about $30,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Trading Up 0.1%

UL stock opened at $56.49 on Monday. Unilever PLC has a 12-month low of $54.95 and a 12-month high of $74.97. The business’s 50-day moving average is $57.98 and its 200 day moving average is $64.08.

Analysts Set New Price Targets

UL has been the subject of several recent analyst reports. Weiss Ratings lowered Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday. Royal Bank Of Canada upgraded Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Kepler Capital Markets lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft lowered Unilever from a “buy” rating to a “hold” rating in a research note on Monday, February 9th. Finally, Argus upgraded Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $65.55.

About Unilever

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.