GHP Investment Advisors Inc. Sells 524 Shares of Unilever PLC (NYSE:UL)

GHP Investment Advisors Inc. reduced its stake in Unilever PLC (NYSE:UL) by 26.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,477 shares of the company’s stock after selling 524 shares during the period. GHP Investment Advisors Inc.’s holdings in Unilever were worth $84,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Financial Advocates Investment Management boosted its position in Unilever by 29.9% in the fourth quarter. Financial Advocates Investment Management now owns 5,537 shares of the company’s stock valued at $314,000 after buying an additional 1,273 shares in the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Unilever by 5.4% in the 4th quarter. Bleakley Financial Group LLC now owns 64,430 shares of the company’s stock valued at $3,653,000 after acquiring an additional 3,323 shares during the last quarter. Long Run Wealth Advisors LLC boosted its holdings in shares of Unilever by 9.6% during the 4th quarter. Long Run Wealth Advisors LLC now owns 21,900 shares of the company’s stock valued at $1,242,000 after acquiring an additional 1,923 shares in the last quarter. Robertson Stephens Wealth Management LLC grew its position in Unilever by 2.2% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 16,518 shares of the company’s stock worth $937,000 after acquiring an additional 359 shares during the last quarter. Finally, Choreo LLC grew its position in Unilever by 17.4% during the 4th quarter. Choreo LLC now owns 43,210 shares of the company’s stock worth $2,452,000 after acquiring an additional 6,404 shares during the last quarter. 9.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

UL has been the topic of a number of recent research reports. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Finally, Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Three investment 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 has a consensus rating of “Hold” and a consensus price target of $61.75.

Unilever Stock Performance

Unilever stock opened at $58.28 on Friday. The firm has a market cap of $144.41 billion, a price-to-earnings ratio of 16.84, a PEG ratio of 1.65 and a beta of 0.50. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The firm has a 50 day moving average price of $57.36 and a two-hundred day moving average price of $60.36.

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.