Unilever PLC $UL Shares Sold by Cooke & Bieler LP

Cooke & Bieler LP trimmed its position in Unilever PLC (NYSE:UL) by 11.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 575,110 shares of the company’s stock after selling 73,061 shares during the period. Cooke & Bieler LP’s holdings in Unilever were worth $37,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in UL. Elyxium Wealth LLC acquired a new position in shares of Unilever in the 4th quarter valued at $25,000. Palisade Asset Management LLC acquired a new position in shares of Unilever in the 3rd quarter valued at $25,000. Asset Dedication LLC increased its position in shares of Unilever by 108.8% in the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock valued at $28,000 after acquiring an additional 248 shares during the period. Global Wealth Strategies & Associates acquired a new position in shares of Unilever in the 4th quarter valued at $29,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of Unilever in the 3rd quarter valued at $29,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Stock Performance

NYSE:UL opened at $57.33 on Tuesday. Unilever PLC has a 52 week low of $54.95 and a 52 week high of $74.97. The stock’s 50-day moving average price is $58.56 and its 200-day moving average price is $64.41.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Argus raised Unilever to a “strong-buy” rating in a research report on Monday, March 2nd. Kepler Capital Markets downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Weiss Ratings downgraded Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 31st. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Unilever currently has an average rating of “Hold” and an average target price of $65.55.

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.