Natixis Advisors LLC Sells 162,548 Shares of Unilever PLC $UL

Natixis Advisors LLC cut its position in Unilever PLC (NYSE:UL) by 13.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,084,919 shares of the company’s stock after selling 162,548 shares during the quarter. Natixis Advisors LLC’s holdings in Unilever were worth $70,954,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Evergreen Capital Management LLC lifted its position in shares of Unilever by 160.8% during the 4th quarter. Evergreen Capital Management LLC now owns 82,192 shares of the company’s stock valued at $5,375,000 after acquiring an additional 50,682 shares during the period. DAVENPORT & Co LLC lifted its position in shares of Unilever by 37.3% during the 4th quarter. DAVENPORT & Co LLC now owns 78,400 shares of the company’s stock valued at $5,127,000 after acquiring an additional 21,313 shares during the period. Cullen Investment Group LTD. acquired a new position in shares of Unilever during the 4th quarter worth $5,003,000. Wellington Management Group LLP raised its holdings in shares of Unilever by 9.3% during the 3rd quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock worth $2,054,973,000 after buying an additional 2,935,227 shares in the last quarter. Finally, HF Advisory Group LLC raised its holdings in shares of Unilever by 1,135.3% during the 4th quarter. HF Advisory Group LLC now owns 388,355 shares of the company’s stock worth $25,398,000 after buying an additional 356,918 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors.

Unilever Stock Down 0.3%

Shares of UL opened at $55.59 on Wednesday. Unilever PLC has a 12-month low of $54.95 and a 12-month high of $74.97. The business has a 50-day simple moving average of $57.87 and a two-hundred day simple moving average of $63.99.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Argus raised Unilever to a “strong-buy” rating in a report on Monday, March 2nd. DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a report on Monday, May 18th. Finally, Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $65.55.

Unilever Profile

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.