Martin Capital Partners LLC Sells 53,044 Shares of Unilever PLC (NYSE:UL)

Martin Capital Partners LLC lessened its position in shares of Unilever PLC (NYSE:UL) by 59.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 36,709 shares of the company’s stock after selling 53,044 shares during the period. Unilever makes up about 2.5% of Martin Capital Partners LLC’s holdings, making the stock its 15th biggest position. Martin Capital Partners LLC’s holdings in Unilever were worth $2,081,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Financial Life Planners bought a new position in shares of Unilever in the fourth quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Unilever in the 3rd quarter worth approximately $35,000. Jamison Private Wealth Management Inc. increased its holdings in shares of Unilever by 202.5% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after buying an additional 405 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Unilever during the 3rd quarter valued at $40,000. Finally, Union Bancaire Privee UBP SA bought a new stake in shares of Unilever during the 4th quarter worth $40,000. 9.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Unilever Stock Down 0.7 %

Shares of Unilever stock opened at $57.28 on Wednesday. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The business’s 50 day simple moving average is $57.43 and its two-hundred day simple moving average is $60.39.

Unilever Company 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.