Unilever PLC $UL Shares Sold by Lido Advisors LLC

Lido Advisors LLC decreased its position in shares of Unilever PLC (NYSE:UL) by 39.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,790 shares of the company’s stock after selling 14,334 shares during the quarter. Lido Advisors LLC’s holdings in Unilever were worth $1,425,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP grew its stake 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 purchasing an additional 2,935,227 shares during the period. Fisher Asset Management LLC grew its stake in shares of Unilever by 4.4% during the 3rd quarter. Fisher Asset Management LLC now owns 22,537,917 shares of the company’s stock worth $1,336,048,000 after purchasing an additional 959,269 shares during the period. Bank of America Corp DE grew its stake in shares of Unilever by 1.6% during the 3rd quarter. Bank of America Corp DE now owns 5,773,638 shares of the company’s stock worth $342,261,000 after purchasing an additional 91,049 shares during the period. Raymond James Financial Inc. grew its stake in shares of Unilever by 0.5% during the 3rd quarter. Raymond James Financial Inc. now owns 3,293,210 shares of the company’s stock worth $195,221,000 after purchasing an additional 17,763 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Unilever by 2.2% during the 3rd quarter. American Century Companies Inc. now owns 2,642,973 shares of the company’s stock worth $156,675,000 after purchasing an additional 57,564 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Price Performance

Unilever stock opened at $56.10 on Tuesday. The company’s fifty day moving average price is $57.36 and its 200 day moving average price is $63.58. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97.

Analyst Ratings Changes

A number of research firms recently issued reports on UL. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Monday, February 9th. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, May 18th. Finally, Weiss Ratings cut shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus 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.