New Wave Wealth Advisors LLC Sells 485 Shares of Unilever PLC (NYSE:UL)

New Wave Wealth Advisors LLC lessened its stake in shares of Unilever PLC (NYSE:UL) by 7.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 6,334 shares of the company’s stock after selling 485 shares during the period. New Wave Wealth Advisors LLC’s holdings in Unilever were worth $359,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Unilever in the third quarter valued at about $35,000. Jamison Private Wealth Management Inc. lifted its position in shares of Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after buying an additional 405 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of Unilever in the third quarter worth about $40,000. Union Bancaire Privee UBP SA purchased a new stake in shares of Unilever in the fourth quarter worth about $40,000. Finally, Coastline Trust Co purchased a new stake in Unilever during the third quarter valued at approximately $48,000. Institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

Shares of NYSE:UL opened at $58.29 on Friday. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The business’s 50 day moving average is $57.51 and its 200 day moving average is $60.35.

Analysts Set New Price Targets

A number of brokerages have issued reports on UL. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Erste Group Bank restated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Finally, Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $61.75.

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.