Brown Advisory Inc. Cuts Stock Holdings in Unilever PLC $UL

Brown Advisory Inc. trimmed its holdings in shares of Unilever PLC (NYSE:UL) by 8.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 978,078 shares of the company’s stock after selling 91,580 shares during the period. Brown Advisory Inc.’s holdings in Unilever were worth $63,966,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new stake in Unilever during the fourth quarter valued at about $25,000. Palisade Asset Management LLC purchased a new stake in Unilever during the third quarter valued at about $25,000. Asset Dedication LLC boosted its position in Unilever by 108.8% during the third quarter. Asset Dedication LLC now owns 476 shares of the company’s stock valued at $28,000 after buying an additional 248 shares during the period. Global Wealth Strategies & Associates purchased a new stake in Unilever during the fourth quarter valued at about $29,000. Finally, FNY Investment Advisers LLC purchased a new stake in Unilever during the third quarter valued at about $29,000. 9.67% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Stock Down 0.0%

Shares of NYSE UL opened at $58.92 on Monday. Unilever PLC has a fifty-two week low of $54.75 and a fifty-two week high of $74.97. The company has a 50 day simple moving average of $57.39 and a two-hundred day simple moving average of $63.34.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on UL shares. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Kepler Capital Markets lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. Argus upgraded shares of Unilever to a “strong-buy” rating in a report on Monday, March 2nd. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Monday, May 18th. Finally, DZ Bank upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price 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.