O Shaughnessy Asset Management LLC Sells 24,977 Shares of Unilever PLC $UL

O Shaughnessy Asset Management LLC lowered its position in Unilever PLC (NYSE:UL) by 10.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 216,260 shares of the company’s stock after selling 24,977 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Unilever were worth $14,143,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of UL. Wellington Management Group LLP raised its holdings in shares of Unilever by 9.3% in the 3rd quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock valued at $2,054,973,000 after purchasing an additional 2,935,227 shares during the period. Fisher Asset Management LLC grew its holdings in Unilever by 4.4% during the third quarter. Fisher Asset Management LLC now owns 22,537,917 shares of the company’s stock worth $1,336,048,000 after purchasing an additional 959,269 shares during the period. Bank of America Corp DE increased its position in Unilever by 1.6% during the third quarter. Bank of America Corp DE now owns 5,773,638 shares of the company’s stock worth $342,261,000 after buying an additional 91,049 shares during the last quarter. Raymond James Financial Inc. increased its position in Unilever by 0.5% during the third quarter. Raymond James Financial Inc. now owns 3,293,210 shares of the company’s stock worth $195,221,000 after buying an additional 17,763 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in Unilever by 2.2% in the third quarter. American Century Companies Inc. now owns 2,642,973 shares of the company’s stock valued at $156,675,000 after buying an additional 57,564 shares during the period. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of NYSE:UL opened at $57.57 on Wednesday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The business has a 50 day moving average of $57.33 and a 200-day moving average of $63.52.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Kepler Capital Markets cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Argus raised Unilever to a “strong-buy” rating in a report on Monday, March 2nd. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock 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.