Unilever PLC $UL Shares Sold by Mar Vista Investment Partners LLC

Mar Vista Investment Partners LLC decreased its holdings in shares of Unilever PLC (NYSE:UL) by 14.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 336,467 shares of the company’s stock after selling 57,462 shares during the quarter. Unilever comprises about 2.0% of Mar Vista Investment Partners LLC’s investment portfolio, making the stock its 24th biggest position. Mar Vista Investment Partners LLC’s holdings in Unilever were worth $22,079,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Elyxium Wealth LLC acquired a new stake in shares of Unilever during the fourth quarter worth $25,000. Palisade Asset Management LLC acquired a new stake in shares of Unilever during the third quarter worth $25,000. Bard Associates Inc. acquired a new stake in shares of Unilever during the fourth quarter worth $27,000. Asset Dedication LLC boosted its holdings in shares of Unilever by 108.8% during the third quarter. Asset Dedication LLC now owns 476 shares of the company’s stock worth $28,000 after purchasing an additional 248 shares during the last quarter. Finally, Global Wealth Strategies & Associates acquired a new stake in shares of Unilever during the fourth quarter worth $29,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UL. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a report on Monday, May 18th. Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Kepler Capital Markets cut Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. DZ Bank upgraded Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Finally, Royal Bank Of Canada upgraded Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $65.55.

Unilever Trading Up 0.6%

Shares of Unilever stock opened at $59.02 on Wednesday. Unilever PLC has a twelve month low of $54.75 and a twelve month high of $74.97. The business’s fifty day moving average price is $57.52 and its 200 day moving average price is $63.22.

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.