Prospera Financial Services Inc Reduces Holdings in Unilever PLC $UL

Prospera Financial Services Inc lowered its position in Unilever PLC (NYSE:UL) by 6.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,833 shares of the company’s stock after selling 1,303 shares during the quarter. Prospera Financial Services Inc’s holdings in Unilever were worth $1,091,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in UL. Brighton Jones LLC grew its stake in shares of Unilever by 5.4% during the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock valued at $599,000 after buying an additional 539 shares during the last quarter. Sage Mountain Advisors LLC boosted its holdings in Unilever by 6.7% during the 1st quarter. Sage Mountain Advisors LLC now owns 3,888 shares of the company’s stock valued at $232,000 after acquiring an additional 245 shares during the period. Cullen Frost Bankers Inc. grew its position in Unilever by 18.4% in the 1st quarter. Cullen Frost Bankers Inc. now owns 8,512 shares of the company’s stock valued at $507,000 after acquiring an additional 1,323 shares during the last quarter. Altman Advisors Inc. increased its stake in Unilever by 3.1% in the first quarter. Altman Advisors Inc. now owns 30,061 shares of the company’s stock worth $1,910,000 after purchasing an additional 892 shares during the period. Finally, Allen Capital Group LLC lifted its position in shares of Unilever by 15.7% during the first quarter. Allen Capital Group LLC now owns 70,622 shares of the company’s stock worth $4,206,000 after purchasing an additional 9,583 shares during the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Trading Down 0.1%

Shares of NYSE:UL opened at $61.02 on Thursday. Unilever PLC has a 12-month low of $54.32 and a 12-month high of $65.66. The business’s fifty day simple moving average is $61.18 and its 200-day simple moving average is $61.68.

Analyst Ratings Changes

UL has been the topic of several recent analyst reports. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Wednesday, November 5th. CICC Research began coverage on shares of Unilever in a research note on Thursday, August 21st. They set an “outperform” rating for the company. Zacks Research cut Unilever from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Unilever in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $73.00.

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.