Unilever PLC $UL Shares Sold by Grandfield & Dodd LLC

Grandfield & Dodd LLC cut its holdings in shares of Unilever PLC (NYSE:UL) by 2.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 400,097 shares of the company’s stock after selling 10,069 shares during the period. Unilever makes up about 1.4% of Grandfield & Dodd LLC’s investment portfolio, making the stock its 25th largest holding. Grandfield & Dodd LLC’s holdings in Unilever were worth $24,474,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of UL. Wellington Management Group LLP raised its stake in shares of Unilever by 13.9% in the 1st quarter. Wellington Management Group LLP now owns 28,100,442 shares of the company’s stock worth $1,673,381,000 after buying an additional 3,421,054 shares in the last quarter. Clark Capital Management Group Inc. acquired a new stake in shares of Unilever during the first quarter valued at approximately $45,413,000. BNP Paribas Financial Markets boosted its position in shares of Unilever by 764.5% in the first quarter. BNP Paribas Financial Markets now owns 775,561 shares of the company’s stock worth $46,185,000 after buying an additional 685,848 shares during the period. Cheviot Value Management LLC purchased a new position in Unilever during the 1st quarter valued at about $24,374,000. Finally, Raymond James Financial Inc. increased its stake in Unilever by 7.1% in the 1st quarter. Raymond James Financial Inc. now owns 3,340,231 shares of the company’s stock valued at $198,911,000 after buying an additional 221,958 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of Unilever stock opened at $60.32 on Friday. The company’s fifty day simple moving average is $61.09 and its 200-day simple moving average is $61.67. Unilever PLC has a 1 year low of $54.32 and a 1 year high of $65.66.

Analyst Ratings Changes

Several analysts recently issued reports on UL shares. CICC Research assumed coverage on Unilever in a report on Thursday, August 21st. They set an “outperform” rating for the company. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Wednesday, November 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Unilever in a research note on Wednesday, October 8th. Finally, Zacks Research cut shares of Unilever from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Unilever presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.00.

Unilever 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.