Silverlake Wealth Management LLC Sells 205 Shares of Unilever PLC (NYSE:UL)

Silverlake Wealth Management LLC trimmed its position in Unilever PLC (NYSE:UL) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,250 shares of the company’s stock after selling 205 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Unilever were worth $298,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new stake in Unilever during the second quarter worth approximately $594,000. GAMMA Investing LLC grew its holdings in shares of Unilever by 49.1% during the 3rd quarter. GAMMA Investing LLC now owns 10,683 shares of the company’s stock worth $694,000 after purchasing an additional 3,517 shares in the last quarter. Atomi Financial Group Inc. increased its position in shares of Unilever by 23.6% in the third quarter. Atomi Financial Group Inc. now owns 26,086 shares of the company’s stock worth $1,695,000 after purchasing an additional 4,980 shares during the period. Brookstone Capital Management acquired a new position in Unilever in the third quarter valued at about $226,000. Finally, SL Advisors LLC bought a new stake in Unilever during the third quarter worth about $168,000. Institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on UL. Erste Group Bank reissued 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 research report on Thursday, January 9th. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $61.75.

Unilever Stock Performance

Shares of Unilever stock opened at $58.29 on Thursday. The company’s 50 day moving average price is $57.43 and its two-hundred day moving average price is $60.39. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87.

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.