Mill Creek Capital Advisors LLC Sells 176 Shares of Unilever PLC (NYSE:UL)

Mill Creek Capital Advisors LLC lessened its holdings in Unilever PLC (NYSE:UL) by 3.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,222 shares of the company’s stock after selling 176 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in Unilever were worth $296,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in UL. Golden State Wealth Management LLC purchased a new position in shares of Unilever in the fourth quarter worth about $26,000. Financial Life Planners bought a new position in Unilever during the 4th quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. bought a new position in Unilever during the 3rd quarter worth approximately $35,000. Newbridge Financial Services Group Inc. purchased a new position in Unilever in the 4th quarter worth approximately $36,000. Finally, Jamison Private Wealth Management Inc. lifted its position in Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after purchasing an additional 405 shares during the last quarter. 9.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Unilever Stock Up 1.0 %

Shares of UL stock opened at $58.86 on Wednesday. The business’s fifty day moving average is $57.30 and its 200 day moving average is $60.40. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87.

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.