Unilever PLC $UL Stock Holdings Reduced by First Eagle Investment Management LLC

First Eagle Investment Management LLC cut its position in shares of Unilever PLC (NYSE:UL) by 0.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 635,155 shares of the company’s stock after selling 1,815 shares during the period. First Eagle Investment Management LLC’s holdings in Unilever were worth $38,852,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Bryn Mawr Trust Advisors LLC increased its holdings in Unilever by 3.9% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 5,935 shares of the company’s stock worth $363,000 after buying an additional 225 shares during the last quarter. Smart Money Group LLC grew its position in Unilever by 7.3% in the second quarter. Smart Money Group LLC now owns 16,473 shares of the company’s stock worth $1,008,000 after acquiring an additional 1,125 shares in the last quarter. Savant Capital LLC increased its stake in shares of Unilever by 38.7% during the 2nd quarter. Savant Capital LLC now owns 27,855 shares of the company’s stock worth $1,704,000 after purchasing an additional 7,772 shares during the last quarter. Cetera Trust Company N.A increased its stake in shares of Unilever by 4.0% during the 2nd quarter. Cetera Trust Company N.A now owns 6,480 shares of the company’s stock worth $396,000 after purchasing an additional 250 shares during the last quarter. Finally, Golden State Wealth Management LLC raised its holdings in shares of Unilever by 79.1% during the 2nd quarter. Golden State Wealth Management LLC now owns 736 shares of the company’s stock valued at $45,000 after purchasing an additional 325 shares in the last quarter. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

UL stock opened at $60.96 on Friday. The company has a 50-day moving average of $61.38 and a two-hundred day moving average of $61.78. Unilever PLC has a 52-week low of $54.32 and a 52-week high of $65.66.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Zacks Research cut shares of Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Wednesday. Weiss Ratings reissued a “buy (b)” rating on shares of Unilever in a report on Wednesday, October 8th. Finally, CICC Research assumed coverage on Unilever in a research note on Thursday, August 21st. They issued an “outperform” rating on the stock. Two 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

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.