Unilever PLC $UL Shares Sold by Lowe Brockenbrough & Co. Inc.

Lowe Brockenbrough & Co. Inc. decreased its holdings in shares of Unilever PLC (NYSE:UL) by 10.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 130,115 shares of the company’s stock after selling 15,852 shares during the period. Lowe Brockenbrough & Co. Inc.’s holdings in Unilever were worth $8,510,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UL. Palisade Asset Management LLC purchased a new stake in shares of Unilever during the 3rd quarter worth approximately $25,000. Elyxium Wealth LLC purchased a new stake in shares of Unilever during the 4th quarter worth approximately $25,000. Asset Dedication LLC boosted its stake in shares of Unilever by 108.8% during the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock worth $28,000 after acquiring an additional 248 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Unilever during the 3rd quarter worth approximately $29,000. Finally, Global Wealth Strategies & Associates purchased a new stake in shares of Unilever during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on UL shares. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Kepler Capital Markets lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft lowered Unilever from a “buy” rating to a “hold” rating in a research note on Monday, February 9th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, May 18th. Finally, DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Unilever has an average rating of “Hold” and a consensus target price of $65.55.

Unilever Trading Up 2.9%

Shares of NYSE:UL opened at $56.66 on Friday. The business’s fifty day moving average price is $57.44 and its two-hundred day moving average price is $63.68. Unilever PLC has a one year low of $54.75 and a one year high of $74.97.

Unilever 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.