Ceera Investments LLC Sells 13,429 Shares of Unilever PLC $UL

Ceera Investments LLC cut its stake in Unilever PLC (NYSE:UL) by 52.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,946 shares of the company’s stock after selling 13,429 shares during the quarter. Ceera Investments LLC’s holdings in Unilever were worth $781,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in UL. Elyxium Wealth LLC purchased a new stake in shares of Unilever during the 4th quarter worth $25,000. Palisade Asset Management LLC purchased a new position in Unilever in the third quarter valued at about $25,000. Global Wealth Strategies & Associates bought a new position in Unilever in the fourth quarter worth about $29,000. Asset Dedication LLC lifted its position in shares of 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 last quarter. Finally, Financial Life Planners purchased a new stake in shares of Unilever during the third quarter valued at about $30,000. 9.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UL. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Kepler Capital Markets cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Weiss Ratings downgraded shares of Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 31st. DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Finally, Argus raised Unilever to a “strong-buy” rating in a research report on Monday, March 2nd. 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 given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $65.55.

Unilever Stock Performance

Shares of UL stock opened at $57.33 on Tuesday. Unilever PLC has a fifty-two week low of $54.95 and a fifty-two week high of $74.97. The stock’s 50-day simple moving average is $58.56 and its 200-day simple moving average is $64.41.

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.