Wilmington Savings Fund Society FSB Reduces Holdings in Unilever PLC (NYSE:UL)

Wilmington Savings Fund Society FSB cut its holdings in shares of Unilever PLC (NYSE:UL) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 135,033 shares of the company’s stock after selling 1,085 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Unilever were worth $7,656,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several brokerages have recently commented on UL. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Finally, Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Unilever presently has an average rating of “Hold” and an average price target of $61.75.

Unilever Stock Performance

Unilever stock opened at $58.28 on Friday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The firm’s fifty day simple moving average is $57.36 and its 200-day simple moving average is $60.36.

Unilever Company 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.