Great Diamond Partners LLC Lowers Holdings in Unilever PLC (NYSE:UL)

Great Diamond Partners LLC lowered its holdings in Unilever PLC (NYSE:UL) by 8.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,333 shares of the company’s stock after selling 390 shares during the period. Great Diamond Partners LLC’s holdings in Unilever were worth $246,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Stonegate Investment Group LLC grew its stake in shares of Unilever by 155.2% in the fourth quarter. Stonegate Investment Group LLC now owns 8,415 shares of the company’s stock worth $477,000 after acquiring an additional 5,117 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Unilever by 16.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company’s stock valued at $7,180,000 after purchasing an additional 15,941 shares during the period. Verition Fund Management LLC purchased a new position in Unilever in the third quarter valued at $11,694,000. WCM Investment Management LLC grew its stake in Unilever by 236.2% during the 3rd quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock worth $1,997,000 after purchasing an additional 21,441 shares in the last quarter. Finally, Radnor Capital Management LLC purchased a new stake in Unilever during the 3rd quarter worth about $1,388,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Stock Down 1.6 %

NYSE UL opened at $57.38 on Friday. The firm’s fifty day moving average price is $57.51 and its 200 day moving average price is $60.35. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87.

Wall Street Analysts Forecast Growth

UL has been the subject of several recent research reports. Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Finally, Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. 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 given a strong buy rating to the company. Based on data from MarketBeat, Unilever presently has a consensus rating of “Hold” and an average target price 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.