Unilever PLC (NYSE:UL) Shares Sold by Yacktman Asset Management LP

Yacktman Asset Management LP decreased its holdings in Unilever PLC (NYSE:UL) by 3.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 271,963 shares of the company’s stock after selling 9,258 shares during the period. Yacktman Asset Management LP’s holdings in Unilever were worth $15,420,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Stonegate Investment Group LLC increased its holdings in shares of Unilever by 155.2% in the fourth quarter. Stonegate Investment Group LLC now owns 8,415 shares of the company’s stock valued at $477,000 after purchasing an additional 5,117 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Unilever by 16.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock worth $7,180,000 after acquiring an additional 15,941 shares during the last quarter. Verition Fund Management LLC acquired a new stake in shares of Unilever in the 3rd quarter worth $11,694,000. WCM Investment Management LLC raised its holdings in shares of Unilever by 236.2% during the 3rd quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock worth $1,997,000 after acquiring an additional 21,441 shares during the period. Finally, Radnor Capital Management LLC acquired a new position in shares of Unilever during the 3rd quarter valued at about $1,388,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Unilever Trading Up 0.1 %

UL stock opened at $58.30 on Tuesday. The business’s fifty day moving average price is $57.33 and its 200 day moving average price is $60.40. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87.

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.