River Road Asset Management LLC Sells 99,502 Shares of Unilever PLC $UL

River Road Asset Management LLC lessened its stake in shares of Unilever PLC (NYSE:UL) by 18.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 452,487 shares of the company’s stock after selling 99,502 shares during the period. River Road Asset Management LLC’s holdings in Unilever were worth $29,593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in UL. Elyxium Wealth LLC bought a new position in Unilever during the fourth quarter valued at approximately $25,000. Palisade Asset Management LLC bought a new stake in Unilever in the 3rd quarter worth approximately $25,000. Bard Associates Inc. bought a new stake in Unilever in the 4th quarter worth approximately $27,000. Asset Dedication LLC increased its stake in Unilever by 108.8% in the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock worth $28,000 after acquiring an additional 248 shares during the last quarter. Finally, Global Wealth Strategies & Associates purchased a new stake in shares of Unilever during the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

UL has been the subject of a number of recent research reports. Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a report on Monday, May 18th. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 21st. Argus upgraded shares of Unilever to a “strong-buy” rating in a research report on Monday, March 2nd. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Finally, Weiss Ratings downgraded shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $65.55.

Unilever Stock Performance

Shares of UL stock opened at $58.40 on Friday. Unilever PLC has a 1 year low of $54.75 and a 1 year high of $74.97. The stock’s 50 day simple moving average is $57.61 and its two-hundred day simple moving average is $63.08.

Unilever 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.