Hennessy Advisors Inc. Sells 4,100 Shares of Unilever N.V. (NYSE:UL)

Hennessy Advisors Inc. decreased its stake in shares of Unilever N.V. (NYSE:UL) by 4.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 85,900 shares of the company’s stock after selling 4,100 shares during the period. Hennessy Advisors Inc.’s holdings in Unilever were worth $4,911,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Morgan Stanley raised its stake in Unilever by 1.9% in the 2nd quarter. Morgan Stanley now owns 3,020,058 shares of the company’s stock worth $187,153,000 after purchasing an additional 56,812 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in Unilever by 4.1% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 986,011 shares of the company’s stock worth $59,259,000 after purchasing an additional 38,850 shares in the last quarter. River Road Asset Management LLC raised its stake in Unilever by 6.2% in the 3rd quarter. River Road Asset Management LLC now owns 780,404 shares of the company’s stock worth $46,902,000 after purchasing an additional 45,594 shares in the last quarter. First Trust Advisors LP raised its stake in Unilever by 35.4% in the 3rd quarter. First Trust Advisors LP now owns 752,692 shares of the company’s stock worth $45,237,000 after purchasing an additional 196,936 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in Unilever by 807.1% in the 2nd quarter. Jane Street Group LLC now owns 642,423 shares of the company’s stock worth $39,923,000 after purchasing an additional 571,602 shares in the last quarter. 6.83% of the stock is owned by institutional investors and hedge funds.

UL has been the subject of several analyst reports. JPMorgan Chase & Co. reiterated a “sell” rating on shares of Unilever in a research note on Friday, December 13th. Zacks Investment Research upgraded shares of Unilever from a “sell” rating to a “hold” rating in a research note on Saturday, September 21st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $66.00.

Shares of Unilever stock opened at $56.33 on Wednesday. Unilever N.V. has a twelve month low of $51.31 and a twelve month high of $64.84. The company has a 50-day simple moving average of $58.03 and a two-hundred day simple moving average of $60.09. The stock has a market capitalization of $65.94 billion, a price-to-earnings ratio of 20.34, a price-to-earnings-growth ratio of 2.22 and a beta of 0.47.

About Unilever

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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