Ceera Investments LLC Reduces Stock Position in Unilever PLC $UL

Ceera Investments LLC lessened its holdings in Unilever PLC (NYSE:UL) by 52.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,946 shares of the company’s stock after selling 13,429 shares during the quarter. Ceera Investments LLC’s holdings in Unilever were worth $781,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of UL. Elyxium Wealth LLC purchased a new stake in shares of Unilever during the fourth quarter valued at $25,000. Palisade Asset Management LLC bought a new position in shares of Unilever in the third quarter worth about $25,000. Asset Dedication LLC increased its stake in Unilever by 108.8% in the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock worth $28,000 after buying an additional 248 shares during the period. Global Wealth Strategies & Associates bought a new stake in Unilever during the 4th quarter valued at about $29,000. Finally, FNY Investment Advisers LLC bought a new stake in Unilever during the 3rd quarter valued at about $29,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on UL. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Argus upgraded Unilever to a “strong-buy” rating in a report on Monday, March 2nd. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft downgraded Unilever from a “buy” rating to a “hold” rating in a report on Monday, February 9th. Finally, DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $65.55.

Unilever Price Performance

NYSE UL opened at $57.33 on Tuesday. Unilever PLC has a one year low of $54.95 and a one year high of $74.97. The company’s 50-day simple moving average is $58.56 and its two-hundred day simple moving average is $64.41.

About Unilever

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.