Leisure Capital Management Sells 775 Shares of Unilever PLC (NYSE:UL)

Leisure Capital Management trimmed its position in shares of Unilever PLC (NYSE:UL) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,745 shares of the company’s stock after selling 775 shares during the quarter. Leisure Capital Management’s holdings in Unilever were worth $893,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Fisher Asset Management LLC boosted its stake in Unilever by 7.1% in the third quarter. Fisher Asset Management LLC now owns 16,726,400 shares of the company’s stock worth $1,086,547,000 after purchasing an additional 1,114,177 shares in the last quarter. Hamlin Capital Management LLC lifted its position in Unilever by 7.8% during the 4th quarter. Hamlin Capital Management LLC now owns 2,874,929 shares of the company’s stock worth $163,008,000 after buying an additional 207,549 shares in the last quarter. Jennison Associates LLC increased its position in Unilever by 981.6% in the 3rd quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock valued at $134,868,000 after acquiring an additional 1,884,216 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Unilever by 3.7% in the third quarter. Bank of Montreal Can now owns 1,812,164 shares of the company’s stock worth $118,588,000 after acquiring an additional 63,835 shares during the last quarter. Finally, Citigroup Inc. lifted its position in shares of Unilever by 493.4% during the third quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock worth $71,785,000 after purchasing an additional 918,841 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of NYSE UL opened at $57.38 on Monday. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The firm has a 50 day moving average price of $57.48 and a 200 day moving average price of $60.39.

Wall Street Analyst Weigh In

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