XML Financial LLC Sells 13,255 Shares of Unilever PLC $UL

XML Financial LLC decreased its holdings in Unilever PLC (NYSE:UL) by 15.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 70,415 shares of the company’s stock after selling 13,255 shares during the quarter. XML Financial LLC’s holdings in Unilever were worth $4,233,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC boosted its stake in Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock valued at $599,000 after buying an additional 539 shares in the last quarter. AQR Capital Management LLC grew its position in Unilever by 4.7% in the first quarter. AQR Capital Management LLC now owns 35,007 shares of the company’s stock valued at $2,085,000 after acquiring an additional 1,587 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in Unilever by 39.7% during the second quarter. Gamco Investors INC. ET AL now owns 15,848 shares of the company’s stock worth $969,000 after acquiring an additional 4,501 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in Unilever by 70.5% during the second quarter. Qube Research & Technologies Ltd now owns 378,313 shares of the company’s stock worth $23,141,000 after acquiring an additional 156,404 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Unilever by 17.4% in the second quarter. Sei Investments Co. now owns 427,577 shares of the company’s stock worth $26,155,000 after acquiring an additional 63,376 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors.

Unilever Trading Down 0.6%

Unilever stock opened at $64.46 on Wednesday. Unilever PLC has a 12 month low of $54.75 and a 12 month high of $74.97. The stock has a 50-day moving average price of $62.68 and a two-hundred day moving average price of $61.67.

Unilever (NYSE:UL) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $1.84 by ($1.25). The firm had revenue of $14.62 billion during the quarter, compared to analysts’ expectations of $14.80 billion. As a group, equities analysts predict that Unilever PLC will post 3.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UL has been the topic of a number of research analyst reports. Weiss Ratings upgraded shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Zacks Research upgraded shares of Unilever from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. Finally, TD Cowen restated a “buy” rating on shares of Unilever in a research report on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $65.55.

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.