Huntington National Bank Decreases Holdings in Unilever PLC $UL

Huntington National Bank trimmed its position in shares of Unilever PLC (NYSE:UL) by 12.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,136 shares of the company’s stock after selling 2,303 shares during the period. Huntington National Bank’s holdings in Unilever were worth $987,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Fullcircle Wealth LLC raised its holdings in shares of Unilever by 1.2% during the 2nd quarter. Fullcircle Wealth LLC now owns 57,122 shares of the company’s stock valued at $3,437,000 after buying an additional 680 shares in the last quarter. Bridgewater Advisors Inc. raised its holdings in shares of Unilever by 2.3% during the 2nd quarter. Bridgewater Advisors Inc. now owns 16,999 shares of the company’s stock valued at $1,009,000 after buying an additional 380 shares in the last quarter. BCGM Wealth Management LLC raised its holdings in shares of Unilever by 2.5% during the 2nd quarter. BCGM Wealth Management LLC now owns 14,773 shares of the company’s stock valued at $904,000 after buying an additional 366 shares in the last quarter. Westside Investment Management Inc. raised its holdings in shares of Unilever by 28.7% during the 2nd quarter. Westside Investment Management Inc. now owns 1,445 shares of the company’s stock valued at $88,000 after buying an additional 322 shares in the last quarter. Finally, Mission Wealth Management LP raised its holdings in shares of Unilever by 3.3% during the 2nd quarter. Mission Wealth Management LP now owns 11,875 shares of the company’s stock valued at $726,000 after buying an additional 378 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on UL shares. Weiss Ratings reissued a “buy (b)” rating on shares of Unilever in a report on Wednesday, October 8th. CICC Research began coverage on Unilever in a research report on Thursday, August 21st. They set an “outperform” rating on the stock. Zacks Research lowered Unilever from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $73.00.

Unilever Trading Up 0.9%

Shares of UL stock opened at $61.34 on Thursday. Unilever PLC has a fifty-two week low of $54.32 and a fifty-two week high of $65.66. The business’s 50 day moving average price is $61.41 and its 200-day moving average price is $61.78.

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.