Silverlake Wealth Management LLC Sells 205 Shares of Unilever PLC (NYSE:UL)

Silverlake Wealth Management LLC cut its holdings in shares of Unilever PLC (NYSE:UL) by 3.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,250 shares of the company’s stock after selling 205 shares during the period. Silverlake Wealth Management LLC’s holdings in Unilever were worth $298,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Greenwood Capital Associates LLC grew its position in shares of Unilever by 2.2% in the 4th quarter. Greenwood Capital Associates LLC now owns 34,717 shares of the company’s stock valued at $1,968,000 after buying an additional 758 shares during the last quarter. Tranquilli Financial Advisor LLC raised its position in shares of Unilever by 25.3% during the fourth quarter. Tranquilli Financial Advisor LLC now owns 9,954 shares of the company’s stock worth $564,000 after acquiring an additional 2,012 shares during the last quarter. Welch Group LLC lifted its stake in shares of Unilever by 0.6% in the fourth quarter. Welch Group LLC now owns 863,801 shares of the company’s stock worth $49,029,000 after acquiring an additional 5,344 shares during the period. Brown Lisle Cummings Inc. boosted its holdings in Unilever by 90.9% in the fourth quarter. Brown Lisle Cummings Inc. now owns 840 shares of the company’s stock valued at $48,000 after acquiring an additional 400 shares during the last quarter. Finally, Calamos Wealth Management LLC increased its position in Unilever by 39.3% during the 4th quarter. Calamos Wealth Management LLC now owns 37,437 shares of the company’s stock valued at $2,123,000 after purchasing an additional 10,565 shares during the period. 9.67% of the stock is owned by institutional investors.

Unilever Stock Performance

NYSE:UL opened at $58.29 on Thursday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The firm has a fifty day simple moving average of $57.43 and a two-hundred day simple moving average of $60.39.

Analysts Set New Price Targets

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

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.