Unilever PLC $UL Shares Sold by Fiduciary Management Inc. WI

Fiduciary Management Inc. WI reduced its holdings in Unilever PLC (NYSE:UL) by 18.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,568,718 shares of the company’s stock after selling 589,483 shares during the quarter. Unilever makes up 1.8% of Fiduciary Management Inc. WI’s portfolio, making the stock its 21st biggest holding. Fiduciary Management Inc. WI owned approximately 0.12% of Unilever worth $167,994,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in UL. Brighton Jones LLC increased its stake in Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock valued at $599,000 after purchasing an additional 539 shares during the last quarter. AQR Capital Management LLC increased its stake in Unilever by 4.7% in the first quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock valued at $2,085,000 after purchasing an additional 1,587 shares during the last quarter. Gamco Investors INC. ET AL increased its stake in Unilever by 39.7% in the second quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock valued at $969,000 after purchasing an additional 4,501 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in Unilever by 70.5% in the second quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock valued at $23,141,000 after purchasing an additional 156,404 shares during the last quarter. Finally, Sei Investments Co. increased its stake in Unilever by 17.4% in the second quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock valued at $26,155,000 after purchasing an additional 63,376 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Performance

Unilever stock opened at $56.66 on Friday. The stock’s 50-day moving average is $57.44 and its 200-day moving average is $63.68. Unilever PLC has a 12 month low of $54.75 and a 12 month high of $74.97.

Analysts Set New Price Targets

Several research firms recently commented on UL. Kepler Capital Markets lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. DZ Bank upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Argus upgraded Unilever to a “strong-buy” rating in a report on Monday, March 2nd. Weiss Ratings downgraded Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a 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 given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $65.55.

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.