GFS Advisors LLC Sells 14,969 Shares of Unilever PLC $UL

GFS Advisors LLC reduced its holdings in Unilever PLC (NYSE:UL) by 11.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 119,696 shares of the company’s stock after selling 14,969 shares during the quarter. GFS Advisors LLC’s holdings in Unilever were worth $7,828,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Elyxium Wealth LLC bought a new stake in shares of Unilever in the fourth quarter worth $25,000. Palisade Asset Management LLC bought a new position in Unilever during the 3rd quarter worth $25,000. Asset Dedication LLC lifted its holdings in Unilever by 108.8% during the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock worth $28,000 after buying an additional 248 shares during the period. Global Wealth Strategies & Associates acquired a new position in Unilever during the 4th quarter worth about $29,000. Finally, FNY Investment Advisers LLC bought a new stake in shares of Unilever in the 3rd quarter valued at about $29,000. Institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

UL stock opened at $57.57 on Wednesday. The stock has a 50-day moving average price of $57.33 and a 200-day moving average price of $63.52. Unilever PLC has a 1-year low of $54.75 and a 1-year high of $74.97.

Wall Street Analysts Forecast Growth

UL has been the subject of several recent research reports. Royal Bank Of Canada raised Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Argus upgraded Unilever to a “strong-buy” rating in a report on Monday, March 2nd. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Kepler Capital Markets lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. Finally, Weiss Ratings downgraded shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. Two investment 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $65.55.

Unilever Company Profile

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.