Advocate Group LLC Sells 11,110 Shares of Unilever PLC (NYSE:UL)

Advocate Group LLC reduced its stake in shares of Unilever PLC (NYSE:UL) by 7.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,990 shares of the company’s stock after selling 11,110 shares during the period. Advocate Group LLC’s holdings in Unilever were worth $7,427,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of UL. Sei Investments Co. increased its stake in shares of Unilever by 5.9% in the second quarter. Sei Investments Co. now owns 251,012 shares of the company’s stock worth $13,796,000 after purchasing an additional 13,927 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of Unilever by 4.1% in the second quarter. Thrivent Financial for Lutherans now owns 13,538 shares of the company’s stock worth $744,000 after purchasing an additional 536 shares during the period. Marshall Wace LLP bought a new position in shares of Unilever in the second quarter worth about $6,719,000. AQR Capital Management LLC bought a new position in shares of Unilever in the second quarter worth about $594,000. Finally, Daymark Wealth Partners LLC increased its stake in shares of Unilever by 14.3% in the second quarter. Daymark Wealth Partners LLC now owns 9,525 shares of the company’s stock worth $524,000 after purchasing an additional 1,191 shares during the period. 9.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Erste Group Bank restated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Three research analysts have rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Unilever presently has an average rating of “Hold” and a consensus target price of $61.75.

Unilever Stock Down 0.3 %

NYSE UL opened at $56.49 on Friday. The stock’s 50 day moving average is $57.50 and its two-hundred day moving average is $60.32. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.