Unilever PLC $UL Stock: Guyasuta Investment Advisors Inc. Lowers Holdings

Guyasuta Investment Advisors Inc. lessened its holdings in Unilever PLC (NYSE:UL) by 9.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 77,561 shares of the company’s stock after selling 8,442 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in Unilever were worth $4,710,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of UL. Mather Group LLC. raised its stake in Unilever by 2.6% in the third quarter. Mather Group LLC. now owns 6,948 shares of the company’s stock valued at $422,000 after buying an additional 175 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC boosted its position in shares of Unilever by 3.2% during the 1st quarter. Blake Schutter Theil Wealth Advisors LLC now owns 5,754 shares of the company’s stock worth $328,000 after acquiring an additional 180 shares in the last quarter. Capital Analysts LLC boosted its position in shares of Unilever by 5.3% during the 2nd quarter. Capital Analysts LLC now owns 3,748 shares of the company’s stock worth $225,000 after acquiring an additional 187 shares in the last quarter. HBK Sorce Advisory LLC boosted its position in shares of Unilever by 3.1% during the 2nd quarter. HBK Sorce Advisory LLC now owns 6,191 shares of the company’s stock worth $399,000 after acquiring an additional 187 shares in the last quarter. Finally, Cohen Investment Advisors LLC boosted its position in shares of Unilever by 2.9% during the 1st quarter. Cohen Investment Advisors LLC now owns 6,753 shares of the company’s stock worth $385,000 after acquiring an additional 192 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on UL shares. DZ Bank reiterated a “buy” rating on shares of Unilever in a report on Wednesday, July 29th. Sanford C. Bernstein restated a “buy” rating on shares of Unilever in a research note on Wednesday, September 30th. TD Cowen decreased their target price on Unilever from $76.00 to $74.00 and set a “buy” rating for the company in a research note on Tuesday. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Unilever in a report on Tuesday, July 28th. Finally, Zacks Research raised Unilever from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $68.37.

Unilever Price Performance

Unilever stock opened at $64.63 on Friday. Unilever PLC has a fifty-two week low of $54.75 and a fifty-two week high of $74.97. The stock has a 50-day simple moving average of $62.76 and a 200-day simple moving average of $60.42.

Unilever (NYSE:UL) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.84 by ($1.25). The company had revenue of $14.62 billion during the quarter, compared to analysts’ expectations of $14.80 billion. On average, research analysts anticipate that Unilever PLC will post 3.57 earnings per share for the current fiscal year.

Unilever Profile

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, manufactures and markets branded products across beauty and wellbeing, personal care, home care and nutrition. Its portfolio includes widely recognized brands such as Dove, Vaseline, Axe, Rexona, Cif, Domestos, Knorr, Hellmann’s and Magnum, although product availability varies by market.

The company’s products are sold through supermarkets, convenience stores, pharmacies, e-commerce platforms and other retail channels in countries around the world.