21,061 Unilever PLC $UL Shares Sold by HF Advisory Group LLC

Key Points

• HF Advisory Group LLC cut its Unilever stake by 48.6% in the third quarter, selling 21,061 shares and retaining 22,316 shares valued at approximately $1.36 million.
• Institutional ownership remains notable at 9.67%, with several major investors—including Bank of America, Royal Bank of Canada and Lazard Asset Management—expanding their positions.
• Analyst sentiment is mixed but leans positive: Unilever has a consensus “Hold” rating and a $65.55 price target, while its shares recently opened at $62.23 after the company missed quarterly earnings and revenue expectations.

HF Advisory Group LLC lowered its stake in shares of Unilever PLC (NYSE:UL - Free Report) by 48.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,316 shares of the company's stock after selling 21,061 shares during the period. HF Advisory Group LLC's holdings in Unilever were worth $1,355,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE lifted its position in Unilever by 16.4% during the first quarter. Bank of America Corp DE now owns 6,661,426 shares of the company's stock valued at $379,501,000 after buying an additional 937,346 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Unilever by 13.6% during the 1st quarter. Royal Bank of Canada now owns 3,403,807 shares of the company's stock valued at $193,915,000 after buying an additional 406,610 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Unilever by 674.2% during the 1st quarter. Lazard Asset Management LLC now owns 2,794,600 shares of the company's stock worth $159,208,000 after acquiring an additional 2,433,625 shares in the last quarter. Hamlin Capital Management LLC grew its stake in Unilever by 11.6% in the second quarter. Hamlin Capital Management LLC now owns 2,722,721 shares of the company's stock worth $163,690,000 after purchasing an additional 282,076 shares in the last quarter. Finally, Equity Investment Corp increased its holdings in shares of Unilever by 2.4% in the 2nd quarter. Equity Investment Corp now owns 1,996,952 shares of the company's stock valued at $120,057,000 after acquiring an additional 46,801 shares during the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on UL. JPMorgan Chase & Co. reiterated a "buy" rating on shares of Unilever in a research note on Thursday, September 24th. Morningstar lowered Unilever to a "hold" rating in a research report on Thursday, July 30th. Zacks Research upgraded Unilever from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 28th. TD Cowen reissued a "buy" rating on shares of Unilever in a report on Wednesday, July 29th. Finally, Barclays reaffirmed a "buy" rating on shares of Unilever in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Unilever currently has a consensus rating of "Hold" and a consensus price target of $65.55.

Unilever Price Performance

Shares of UL stock opened at $62.23 on Friday. Unilever PLC has a 12-month low of $54.75 and a 12-month high of $74.97. The business has a 50 day simple moving average of $62.80 and a 200 day simple moving average of $60.34.

Unilever (NYSE:UL - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $1.84 by ($1.25). The business had revenue of $14.62 billion during the quarter, compared to analysts' expectations of $14.80 billion. Equities research analysts anticipate that Unilever PLC will post 3.54 EPS for the current year.

Unilever Profile

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, manufactures and markets branded products across beauty and wellbeing, personal care, home care and nutrition. Its portfolio includes widely recognized brands such as Dove, Vaseline, Axe, Rexona, Cif, Domestos, Knorr, Hellmann's and Magnum, although product availability varies by market.

The company's products are sold through supermarkets, convenience stores, pharmacies, e-commerce platforms and other retail channels in countries around the world.

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