Twelve Points Wealth Management LLC Sells 340 Shares of Unilever PLC (NYSE:UL)

Twelve Points Wealth Management LLC decreased its holdings in shares of Unilever PLC (NYSE:UL) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,129 shares of the company’s stock after selling 340 shares during the quarter. Twelve Points Wealth Management LLC’s holdings in Unilever were worth $461,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. E Fund Management Hong Kong Co. Ltd. acquired a new position in Unilever during the third quarter worth $35,000. Jamison Private Wealth Management Inc. increased its stake in shares of Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after purchasing an additional 405 shares during the last quarter. Brooklyn Investment Group acquired a new position in shares of Unilever during the 3rd quarter worth about $40,000. Union Bancaire Privee UBP SA acquired a new stake in Unilever in the 4th quarter valued at about $40,000. Finally, Coastline Trust Co bought a new position in Unilever during the third quarter worth about $48,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Unilever Stock Performance

UL stock opened at $57.29 on Thursday. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The company’s 50-day simple moving average is $57.50 and its 200 day simple moving average is $60.39.

About Unilever

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.