Great Lakes Retirement Inc. Cuts Position in Unilever PLC (NYSE:UL)

Great Lakes Retirement Inc. lessened its holdings in Unilever PLC (NYSE:UL) by 2.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 16,300 shares of the company’s stock after selling 373 shares during the quarter. Great Lakes Retirement Inc.’s holdings in Unilever were worth $924,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Capital Advisors Inc. OK boosted its stake in shares of Unilever by 0.6% in the 4th quarter. Capital Advisors Inc. OK now owns 608,887 shares of the company’s stock worth $34,524,000 after buying an additional 3,331 shares during the last quarter. Certuity LLC lifted its stake in Unilever by 22.1% in the fourth quarter. Certuity LLC now owns 3,938 shares of the company’s stock valued at $223,000 after purchasing an additional 714 shares during the last quarter. Community Financial Services Group LLC lifted its stake in Unilever by 11.4% in the fourth quarter. Community Financial Services Group LLC now owns 3,931 shares of the company’s stock valued at $223,000 after purchasing an additional 402 shares during the last quarter. Signet Investment Advisory Group Inc. lifted its stake in Unilever by 0.7% in the fourth quarter. Signet Investment Advisory Group Inc. now owns 27,953 shares of the company’s stock valued at $1,585,000 after purchasing an additional 205 shares during the last quarter. Finally, New Republic Capital LLC purchased a new position in Unilever in the fourth quarter valued at approximately $236,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on UL shares. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research note 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 investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $61.75.

Unilever Stock Performance

NYSE:UL opened at $59.09 on Thursday. The stock’s fifty day moving average price is $57.29 and its two-hundred day moving average price is $60.39. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.

About Unilever

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.