Lake Street Advisors Group LLC reduced its stake in shares of Unilever PLC (NYSE:UL – Free Report) by 4.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,037 shares of the company’s stock after selling 660 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Unilever were worth $680,000 as of its most recent filing with the SEC.
Several other institutional investors have also made changes to their positions in the stock. Keene & Associates Inc. lifted its stake in Unilever by 0.3% in the second quarter. Keene & Associates Inc. now owns 62,951 shares of the company’s stock valued at $3,282,000 after acquiring an additional 188 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Unilever by 0.7% in the first quarter. NewEdge Advisors LLC now owns 26,857 shares of the company’s stock valued at $1,395,000 after acquiring an additional 189 shares during the last quarter. River Street Advisors LLC lifted its stake in Unilever by 1.3% in the first quarter. River Street Advisors LLC now owns 14,350 shares of the company’s stock valued at $745,000 after acquiring an additional 190 shares during the last quarter. Wescott Financial Advisory Group LLC lifted its stake in Unilever by 1.8% in the first quarter. Wescott Financial Advisory Group LLC now owns 11,282 shares of the company’s stock valued at $586,000 after acquiring an additional 198 shares during the last quarter. Finally, Quilter Plc acquired a new stake in Unilever in the first quarter valued at approximately $244,998,000. 9.94% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the stock. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Saturday. Barclays upgraded shares of Unilever from an “equal weight” rating to an “overweight” rating in a research note on Thursday, November 9th. Finally, Bank of America initiated coverage on shares of Unilever in a research report on Wednesday, October 11th. They issued an “underperform” rating on the stock.
Unilever Trading Down 0.8 %
Shares of NYSE:UL traded down $0.37 during trading on Friday, reaching $47.34. The stock had a trading volume of 4,257,505 shares, compared to its average volume of 2,418,250. Unilever PLC has a 52 week low of $46.16 and a 52 week high of $55.99. The stock has a fifty day simple moving average of $48.69 and a two-hundred day simple moving average of $50.81.
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.
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