Grandfield & Dodd LLC Sells 10,069 Shares of Unilever PLC $UL

Grandfield & Dodd LLC lowered its holdings in Unilever PLC (NYSE:UL) by 2.5% during the second quarter, HoldingsChannel.com reports. The fund owned 400,097 shares of the company’s stock after selling 10,069 shares during the period. Unilever accounts for 1.4% of Grandfield & Dodd LLC’s portfolio, making the stock its 25th largest holding. Grandfield & Dodd LLC’s holdings in Unilever were worth $24,474,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in shares of Unilever in the 1st quarter valued at approximately $30,000. Brentview Investment Management LLC bought a new stake in Unilever in the first quarter valued at $33,000. Richardson Financial Services Inc. raised its stake in Unilever by 209.0% during the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after acquiring an additional 418 shares in the last quarter. Financial Connections Group Inc. acquired a new position in Unilever during the second quarter worth $39,000. Finally, Golden State Wealth Management LLC lifted its holdings in shares of Unilever by 79.1% during the second quarter. Golden State Wealth Management LLC now owns 736 shares of the company’s stock valued at $45,000 after acquiring an additional 325 shares during the period. Institutional investors own 9.67% of the company’s stock.

Analyst Upgrades and Downgrades

UL has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Wednesday, November 5th. CICC Research initiated coverage on shares of Unilever in a research note on Thursday, August 21st. They issued an “outperform” rating for the company. Finally, Zacks Research lowered Unilever from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $73.00.

Unilever Trading Down 1.1%

Shares of UL opened at $60.32 on Friday. The business’s fifty day moving average price is $61.09 and its two-hundred day moving average price is $61.67. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.66.

Unilever 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.