Unilever PLC $UL Stock Sold by Trillium Asset Management LLC

Trillium Asset Management LLC trimmed its holdings in Unilever PLC (NYSE:UL) by 2.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 434,605 shares of the company’s stock after selling 12,502 shares during the period. Trillium Asset Management LLC’s holdings in Unilever were worth $26,394,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of UL. Optas LLC boosted its holdings in shares of Unilever by 8.9% during the 3rd quarter. Optas LLC now owns 5,434 shares of the company’s stock valued at $330,000 after acquiring an additional 442 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Unilever during the third quarter valued at approximately $28,000. Money Concepts Capital Corp raised its holdings in shares of Unilever by 34.5% during the third quarter. Money Concepts Capital Corp now owns 5,665 shares of the company’s stock valued at $344,000 after purchasing an additional 1,453 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Unilever by 3.1% during the third quarter. Allworth Financial LP now owns 139,125 shares of the company’s stock valued at $8,364,000 after purchasing an additional 4,157 shares during the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of Unilever by 1.9% during the third quarter. Fisher Asset Management LLC now owns 25,158,470 shares of the company’s stock valued at $1,527,874,000 after purchasing an additional 464,998 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors.

Unilever Price Performance

NYSE UL traded up $0.20 on Friday, hitting $66.23. The company had a trading volume of 3,299,978 shares, compared to its average volume of 4,285,522. The company’s fifty day moving average price is $63.66 and its 200-day moving average price is $62.66. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97.

Analysts Set New Price Targets

A number of brokerages recently weighed in on UL. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research report on Monday, October 12th. Deutsche Bank upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Unilever in a report on Thursday, September 24th. DZ Bank reissued a “buy” rating on shares of Unilever in a report on Wednesday, July 29th. Finally, Morningstar cut Unilever to a “hold” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $68.37.

About Unilever

Unilever plc is a global consumer goods company that develops and sells products across beauty and wellbeing, personal care, home care and food. Its brands include Dove, Vaseline, Knorr, Hellmann’s and Persil, with offerings ranging from skincare and haircare to household cleaning products, condiments and packaged foods. The company traces its origins to the 1929 merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie. Unilever serves consumers in markets around the world through retail and other distribution channels.