Unilever PLC $UL Shares Sold by Trillium Asset Management LLC

Trillium Asset Management LLC lessened its position in Unilever PLC (NYSE:UL) by 2.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 434,605 shares of the company’s stock after selling 12,502 shares during the quarter. Trillium Asset Management LLC’s holdings in Unilever were worth $26,394,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Optas LLC grew its position in shares of Unilever by 8.9% in the 3rd quarter. Optas LLC now owns 5,434 shares of the company’s stock worth $330,000 after buying an additional 442 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Unilever during the third quarter worth about $28,000. Money Concepts Capital Corp boosted its stake in Unilever by 34.5% during the third quarter. Money Concepts Capital Corp now owns 5,665 shares of the company’s stock worth $344,000 after acquiring an additional 1,453 shares in the last quarter. Allworth Financial LP grew its holdings in Unilever by 3.1% in the third quarter. Allworth Financial LP now owns 139,125 shares of the company’s stock worth $8,364,000 after purchasing an additional 4,157 shares during the period. Finally, Fisher Asset Management LLC grew its holdings in Unilever by 1.9% in the third quarter. Fisher Asset Management LLC now owns 25,158,470 shares of the company’s stock worth $1,527,874,000 after purchasing an additional 464,998 shares during the period. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Price Performance

Shares of UL traded up $0.20 on Friday, hitting $66.23. 3,299,978 shares of the stock traded hands, compared to its average volume of 4,285,522. The business has a 50 day simple moving average of $63.66 and a 200 day simple moving average of $62.66. Unilever PLC has a one year low of $54.75 and a one year high of $74.97.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on UL shares. Sanford C. Bernstein reiterated a “buy” rating on shares of Unilever in a research note on Wednesday, September 30th. Morningstar cut Unilever to a “hold” rating in a research note on Thursday, July 30th. Deutsche Bank upgraded Unilever from a “hold” rating to a “buy” rating in a report on Wednesday. Weiss Ratings raised Unilever from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. Finally, TD Cowen dropped their price target on shares of Unilever from $76.00 to $74.00 and set a “buy” rating on the stock in a research note on Tuesday, October 13th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target 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.