Pinkerton Wealth LLC Sells 9,669 Shares of Unilever PLC $UL

Pinkerton Wealth LLC reduced its stake in shares of Unilever PLC (NYSE:UL) by 10.9% 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 79,152 shares of the company’s stock after selling 9,669 shares during the period. Pinkerton Wealth LLC’s holdings in Unilever were worth $5,177,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Elyxium Wealth LLC bought a new position in Unilever during the fourth quarter valued at about $25,000. Palisade Asset Management LLC bought a new position in Unilever during the third quarter valued at about $25,000. Global Wealth Strategies & Associates bought a new position in Unilever during the fourth quarter valued at about $29,000. Asset Dedication LLC raised its holdings 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 in the last quarter. Finally, Financial Life Planners bought a new position in Unilever during the third quarter valued at about $30,000. 9.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a report on Monday. 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. DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Finally, Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Unilever currently has an average rating of “Hold” and a consensus target price of $65.55.

Unilever Stock Up 0.7%

Shares of NYSE:UL opened at $57.63 on Thursday. The stock’s 50-day moving average is $59.03 and its 200-day moving average is $64.64. Unilever PLC has a 52-week low of $54.95 and a 52-week high of $74.97.

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.