Unilever PLC (NYSE:UL) Shares Sold by New Republic Capital LLC

New Republic Capital LLC reduced its stake in shares of Unilever PLC (NYSE:UL) by 14.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,576 shares of the company’s stock after selling 593 shares during the period. New Republic Capital LLC’s holdings in Unilever were worth $213,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vermillion Wealth Management Inc. acquired a new stake in shares of Unilever during the fourth quarter worth $30,000. Richardson Financial Services Inc. raised its holdings in shares of Unilever by 209.0% during the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after purchasing an additional 418 shares during the last quarter. Accredited Wealth Management LLC purchased a new position in shares of Unilever during the fourth quarter worth $43,000. Greenline Partners LLC purchased a new position in shares of Unilever during the fourth quarter worth $58,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of Unilever during the first quarter worth $63,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on UL shares. Wall Street Zen cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, May 6th. BNP Paribas Exane began coverage on shares of Unilever in a report on Thursday, May 29th. They set an “outperform” rating and a $73.00 target price for the company. BNP Paribas raised shares of Unilever to a “strong-buy” rating in a report on Thursday, May 29th. Finally, UBS Group raised shares of Unilever from a “strong sell” rating to a “hold” rating in a report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Unilever currently has an average rating of “Moderate Buy” and a consensus price target of $72.50.

Unilever Stock Performance

UL opened at $59.22 on Tuesday. Unilever PLC has a fifty-two week low of $54.32 and a fifty-two week high of $65.87. The company has a fifty day moving average of $61.90 and a two-hundred day moving average of $60.17. The stock has a market capitalization of $145.30 billion, a price-to-earnings ratio of 16.97, a PEG ratio of 3.84 and a beta of 0.41.

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.