Unilever PLC $UL Shares Sold by Arjuna Capital

Arjuna Capital trimmed its holdings in Unilever PLC (NYSE:UL) by 65.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,846 shares of the company’s stock after selling 9,173 shares during the quarter. Arjuna Capital’s holdings in Unilever were worth $276,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Evergreen Capital Management LLC boosted its holdings in shares of Unilever by 160.8% in the fourth quarter. Evergreen Capital Management LLC now owns 82,192 shares of the company’s stock valued at $5,375,000 after acquiring an additional 50,682 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in Unilever by 37.3% during the fourth quarter. DAVENPORT & Co LLC now owns 78,400 shares of the company’s stock worth $5,127,000 after purchasing an additional 21,313 shares in the last quarter. HF Advisory Group LLC raised its holdings in Unilever by 1,135.3% during the fourth quarter. HF Advisory Group LLC now owns 388,355 shares of the company’s stock worth $25,398,000 after purchasing an additional 356,918 shares in the last quarter. Cullen Investment Group LTD. acquired a new stake in Unilever in the fourth quarter worth approximately $5,003,000. Finally, Timber Creek Capital Management LLC lifted its position in Unilever by 59.7% in the fourth quarter. Timber Creek Capital Management LLC now owns 64,661 shares of the company’s stock worth $4,229,000 after purchasing an additional 24,163 shares during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Trading Down 0.6%

Shares of UL opened at $62.35 on Friday. The business’s 50-day moving average is $58.85 and its 200-day moving average is $62.45. Unilever PLC has a fifty-two week low of $54.75 and a fifty-two week high of $74.97.

Wall Street Analyst Weigh In

UL has been the topic of several research analyst reports. Zacks Research cut Unilever from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Finally, DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Unilever has a consensus rating of “Hold” and an average price target of $65.55.

Unilever Company 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.