Comerica Bank Sells 2,510 Shares of Unilever N.V. (NYSE:UL)

Comerica Bank trimmed its holdings in Unilever N.V. (NYSE:UL) by 3.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,534 shares of the company’s stock after selling 2,510 shares during the quarter. Comerica Bank’s holdings in Unilever were worth $4,214,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. CX Institutional bought a new stake in shares of Unilever in the second quarter valued at approximately $25,000. Ropes Wealth Advisors LLC bought a new stake in shares of Unilever in the second quarter valued at approximately $26,000. Golden State Wealth Management LLC boosted its position in shares of Unilever by 1,132.5% in the third quarter. Golden State Wealth Management LLC now owns 493 shares of the company’s stock valued at $30,000 after acquiring an additional 453 shares during the period. Lenox Wealth Management Inc. boosted its position in shares of Unilever by 225.3% in the second quarter. Lenox Wealth Management Inc. now owns 566 shares of the company’s stock valued at $35,000 after acquiring an additional 392 shares during the period. Finally, Atwater Malick LLC bought a new stake in shares of Unilever in the third quarter valued at approximately $35,000. 7.05% of the stock is owned by institutional investors.

UL has been the subject of several research reports. Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 3rd. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a research report on Saturday, September 21st. Finally, Barclays reaffirmed a “sell” rating on shares of Unilever in a research report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $66.00.

Shares of UL stock opened at $59.96 on Friday. The stock has a market cap of $69.46 billion, a P/E ratio of 21.65, a price-to-earnings-growth ratio of 2.44 and a beta of 0.52. Unilever N.V. has a one year low of $50.80 and a one year high of $64.84. The stock has a fifty day moving average price of $59.70 and a 200 day moving average price of $61.04.

Unilever Profile

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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