Yousif Capital Management LLC Sells 2,800 Shares of Unilever PLC (NYSE:UL)

Yousif Capital Management LLC cut its position in shares of Unilever PLC (NYSE:UL) by 8.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,598 shares of the company’s stock after selling 2,800 shares during the period. Yousif Capital Management LLC’s holdings in Unilever were worth $1,622,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners bought a new stake in shares of Unilever in the 4th quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Unilever in the third quarter worth about $35,000. Jamison Private Wealth Management Inc. increased its stake in Unilever by 202.5% during the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after acquiring an additional 405 shares during the last quarter. Brooklyn Investment Group purchased a new stake in Unilever during the third quarter valued at approximately $40,000. Finally, Union Bancaire Privee UBP SA bought a new stake in shares of Unilever in the 4th quarter valued at approximately $40,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of UL stock opened at $59.09 on Thursday. The company’s 50-day simple moving average is $57.29 and its two-hundred day simple moving average is $60.39. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on UL shares. Erste Group Bank restated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Royal Bank of Canada lowered Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $61.75.

About Unilever

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.