Forte Capital LLC ADV lowered its position in shares of Unilever PLC (NYSE:UL – Free Report) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,725 shares of the company’s stock after selling 1,730 shares during the quarter. Forte Capital LLC ADV’s holdings in Unilever were worth $2,023,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Life Planning Partners Inc purchased a new stake in shares of Unilever in the fourth quarter valued at approximately $27,000. Jones Financial Companies Lllp boosted its position in shares of Unilever by 111.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 552 shares of the company’s stock worth $27,000 after purchasing an additional 291 shares in the last quarter. VisionPoint Advisory Group LLC grew its stake in shares of Unilever by 215.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock worth $29,000 after purchasing an additional 400 shares during the period. Evolution Advisers Inc. purchased a new position in shares of Unilever in the 4th quarter valued at about $34,000. Finally, Planned Solutions Inc. purchased a new position in shares of Unilever in the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 9.67% of the company’s stock.
Unilever Stock Up 0.2 %
Shares of NYSE UL traded up $0.11 on Friday, hitting $52.13. The company’s stock had a trading volume of 4,413,133 shares, compared to its average volume of 3,468,891. The stock has a 50 day moving average of $49.21 and a 200-day moving average of $48.69. Unilever PLC has a 12-month low of $46.16 and a 12-month high of $55.69.
Unilever Cuts Dividend
Analyst Ratings Changes
A number of research firms recently commented on UL. Morgan Stanley downgraded shares of Unilever from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $52.00 to $48.00 in a report on Tuesday, February 27th. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $48.00.
Unilever 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.
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