Unilever plc (UL) Position Decreased by Beech Hill Advisors Inc.

Beech Hill Advisors Inc. reduced its position in shares of Unilever plc (NYSE:UL) by 25.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,525 shares of the company’s stock after selling 20,150 shares during the period. Beech Hill Advisors Inc.’s holdings in Unilever plc were worth $2,937,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Quadrant Capital Group LLC raised its position in shares of Unilever plc by 0.3% in the third quarter. Quadrant Capital Group LLC now owns 6,237 shares of the company’s stock worth $290,000 after buying an additional 21 shares in the last quarter. Jarislowsky Fraser Ltd raised its position in shares of Unilever plc by 0.3% in the fourth quarter. Jarislowsky Fraser Ltd now owns 10,040 shares of the company’s stock worth $408,000 after buying an additional 30 shares in the last quarter. Checchi Capital Advisers LLC raised its position in shares of Unilever plc by 0.3% in the third quarter. Checchi Capital Advisers LLC now owns 10,591 shares of the company’s stock worth $502,000 after buying an additional 33 shares in the last quarter. Sunbelt Securities Inc. raised its position in shares of Unilever plc by 0.9% in the fourth quarter. Sunbelt Securities Inc. now owns 6,457 shares of the company’s stock worth $263,000 after buying an additional 56 shares in the last quarter. Finally, National Asset Management Inc. raised its position in shares of Unilever plc by 2.5% in the third quarter. National Asset Management Inc. now owns 7,380 shares of the company’s stock worth $350,000 after buying an additional 180 shares in the last quarter. Hedge funds and other institutional investors own 8.60% of the company’s stock.

Institutional Ownership by Quarter for Unilever plc (NYSE:UL)

Shares of Unilever plc (NYSE:UL) traded up 0.58% during midday trading on Thursday, reaching $50.50. 1,122,240 shares of the company’s stock were exchanged. Unilever plc has a 1-year low of $38.58 and a 1-year high of $51.12. The company has a market capitalization of $143.40 billion, a PE ratio of 26.07 and a beta of 0.82. The firm has a 50-day moving average of $49.46 and a 200-day moving average of $43.79.

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A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever plc in a report on Tuesday, March 28th. Liberum Capital reissued a “hold” rating on shares of Unilever plc in a report on Monday, March 27th. Seaport Global Securities cut their price target on shares of Unilever plc from $28.00 to $26.00 in a report on Monday, April 3rd. ABN Amro downgraded shares of Unilever plc from a “hold” rating to a “sell” rating in a report on Friday, March 31st. Finally, Zacks Investment Research downgraded shares of Unilever plc from a “buy” rating to a “hold” rating in a report on Thursday, December 22nd. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. Unilever plc presently has a consensus rating of “Hold” and a consensus target price of $36.00.

Unilever plc Company Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

5 Day Chart for NYSE:UL

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