Unilever PLC $UL Shares Sold by Oxbow Advisors LLC

Oxbow Advisors LLC trimmed its position in shares of Unilever PLC (NYSE:UL) by 86.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,716 shares of the company’s stock after selling 101,185 shares during the quarter. Oxbow Advisors LLC’s holdings in Unilever were worth $895,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock worth $599,000 after acquiring an additional 539 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Unilever by 4.7% in the first quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock valued at $2,085,000 after acquiring an additional 1,587 shares in the last quarter. Gamco Investors INC. ET AL boosted its holdings in Unilever by 39.7% in the second quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock valued at $969,000 after purchasing an additional 4,501 shares during the period. Qube Research & Technologies Ltd grew its stake in Unilever by 70.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock worth $23,141,000 after purchasing an additional 156,404 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Unilever by 17.4% during the 2nd quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock worth $26,155,000 after purchasing an additional 63,376 shares in the last quarter. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on UL shares. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Weiss Ratings cut shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Finally, Zacks Research cut shares of Unilever from a “hold” rating to a “strong sell” rating in a report on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $65.55.

Unilever Price Performance

NYSE:UL opened at $62.52 on Friday. Unilever PLC has a 12 month low of $54.75 and a 12 month high of $74.97. The business’s fifty day moving average price is $58.13 and its 200 day moving average price is $62.70.

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.