Court Place Advisors LLC Sells 1,200 Shares of Unilever PLC (NYSE:UL)

Court Place Advisors LLC trimmed its stake in shares of Unilever PLC (NYSE:UL) by 13.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,625 shares of the company’s stock after selling 1,200 shares during the quarter. Court Place Advisors LLC’s holdings in Unilever were worth $432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans lifted its position in shares of Unilever by 4.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 13,538 shares of the company’s stock worth $744,000 after purchasing an additional 536 shares during the period. Marshall Wace LLP acquired a new position in Unilever in the second quarter valued at $6,719,000. AQR Capital Management LLC bought a new stake in Unilever during the second quarter valued at $594,000. The Manufacturers Life Insurance Company grew its holdings in Unilever by 4.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 544,547 shares of the company’s stock worth $29,945,000 after acquiring an additional 23,415 shares during the period. Finally, Creative Planning raised its position in shares of Unilever by 9.8% in the 2nd quarter. Creative Planning now owns 271,907 shares of the company’s stock worth $14,952,000 after acquiring an additional 24,235 shares in the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Stock Up 2.9 %

Shares of NYSE:UL opened at $58.16 on Tuesday. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87. The stock’s 50 day moving average is $57.50 and its 200-day moving average is $60.38.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Erste Group Bank restated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Unilever currently has a consensus rating of “Hold” and an average price target of $61.75.

Unilever 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.