Auxier Asset Management LLC Sells 13,035 Shares of Unilever PLC $UL

Auxier Asset Management LLC trimmed its position in Unilever PLC (NYSE:UL) by 11.7% in the fourth quarter, Holdings Channel reports. The fund owned 98,106 shares of the company’s stock after selling 13,035 shares during the quarter. Auxier Asset Management LLC’s holdings in Unilever were worth $6,416,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in shares of Unilever by 37.6% in the 4th quarter. AQR Capital Management LLC now owns 178,933 shares of the company’s stock valued at $11,702,000 after acquiring an additional 48,897 shares during the last quarter. Abel Hall LLC lifted its stake in shares of Unilever by 19.2% in the 4th quarter. Abel Hall LLC now owns 5,342 shares of the company’s stock valued at $349,000 after acquiring an additional 859 shares during the last quarter. Laird Norton Wetherby Trust Company LLC bought a new position in shares of Unilever in the 4th quarter valued at $3,805,000. Kovack Advisors Inc. lifted its stake in shares of Unilever by 17.9% in the 4th quarter. Kovack Advisors Inc. now owns 4,190 shares of the company’s stock valued at $274,000 after acquiring an additional 637 shares during the last quarter. Finally, Roehl & Yi Investment Advisors LLC bought a new position in shares of Unilever in the 4th quarter valued at $1,136,000. 9.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Unilever Stock Down 2.2%

Shares of NYSE:UL opened at $57.71 on Thursday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The business has a fifty day simple moving average of $57.55 and a 200 day simple moving average of $63.15.

About Unilever

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.