Essex Financial Services Inc. Sells 788 Shares of Unilever PLC (NYSE:UL)

Essex Financial Services Inc. lessened its holdings in Unilever PLC (NYSE:UL) by 4.7% in the fourth quarter, Holdings Channel reports. The firm owned 16,078 shares of the company’s stock after selling 788 shares during the period. Essex Financial Services Inc.’s holdings in Unilever were worth $912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Unilever Trading Up 1.0 %

Shares of UL opened at $58.86 on Wednesday. The business’s 50-day moving average price is $57.30 and its 200-day moving average price is $60.40. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87.

Analysts Set New Price Targets

UL has been the subject of several research reports. Sanford C. Bernstein raised 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 report on Tuesday, November 12th. Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Finally, Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Three analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $61.75.

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.