Blue Granite Capital LLC Decreases Position in Unilever PLC (UL)

Blue Granite Capital LLC lowered its stake in Unilever PLC (NYSE:UL) by 77.0% during the second quarter, Holdings Channel reports. The fund owned 10,875 shares of the company’s stock after selling 36,475 shares during the period. Blue Granite Capital LLC’s holdings in Unilever PLC were worth $586,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in shares of Unilever PLC by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 755,206 shares of the company’s stock valued at $30,737,000 after buying an additional 13,385 shares during the period. Dodge & Cox purchased a new position in Unilever PLC during the fourth quarter valued at $1,363,000. RMB Capital Management LLC boosted its position in Unilever PLC by 136.9% in the fourth quarter. RMB Capital Management LLC now owns 38,565 shares of the company’s stock valued at $1,570,000 after buying an additional 22,284 shares during the last quarter. Perigon Wealth Management LLC purchased a new position in Unilever PLC during the fourth quarter valued at $130,000. Finally, Beacon Financial Group boosted its position in Unilever PLC by 17.7% in the first quarter. Beacon Financial Group now owns 45,344 shares of the company’s stock valued at $2,250,000 after buying an additional 6,820 shares during the last quarter. Institutional investors own 8.56% of the company’s stock.

Shares of Unilever PLC (NYSE UL) traded down 0.14% during trading on Monday, hitting $55.84. 907,218 shares of the stock traded hands. The company has a 50 day moving average of $54.61 and a 200-day moving average of $48.09. Unilever PLC has a 1-year low of $38.58 and a 1-year high of $56.48. The company has a market cap of $158.57 billion, a PE ratio of 26.82 and a beta of 0.88.

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A number of equities research analysts have weighed in on the company. Zacks Investment Research downgraded Unilever PLC from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd. Seaport Global Securities decreased their target price on Unilever PLC from $28.00 to $26.00 in a research note on Monday, April 3rd. Goldman Sachs Group, Inc. (The) restated a “sell” rating on shares of Unilever PLC in a report on Friday, March 24th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Unilever PLC in a report on Tuesday, March 28th. Finally, Barclays PLC upgraded Unilever PLC from an “equal weight” rating to an “overweight” rating in a research note on Saturday, March 25th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $43.50.

Unilever PLC Company Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

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Institutional Ownership by Quarter for Unilever PLC (NYSE:UL)

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