Bartlett & CO. Wealth Management LLC Sells 925 Shares of Unilever PLC (NYSE:UL)

Bartlett & CO. Wealth Management LLC cut its stake in Unilever PLC (NYSE:UL) by 6.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,005 shares of the company’s stock after selling 925 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Unilever were worth $737,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. SG Americas Securities LLC purchased a new position in Unilever during the 4th quarter worth $169,000. Phillips Wealth Planners LLC increased its stake in Unilever by 2.2% during the 4th quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company’s stock valued at $495,000 after purchasing an additional 193 shares in the last quarter. Simon Quick Advisors LLC increased its position in shares of Unilever by 9.2% in the 4th quarter. Simon Quick Advisors LLC now owns 8,565 shares of the company’s stock valued at $486,000 after acquiring an additional 722 shares during the period. Octavia Wealth Advisors LLC raised its stake in shares of Unilever by 7.0% in the fourth quarter. Octavia Wealth Advisors LLC now owns 6,680 shares of the company’s stock worth $379,000 after purchasing an additional 439 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its stake in Unilever by 10.6% during the 4th quarter. Atomi Financial Group Inc. now owns 28,860 shares of the company’s stock valued at $1,636,000 after acquiring an additional 2,774 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of Unilever stock opened at $56.49 on Friday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The stock’s 50 day simple moving average is $57.52 and its 200-day simple moving average is $60.32.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on UL. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Erste Group Bank reissued a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Finally, StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Three analysts have rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $61.75.

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.