Stock Yards Bank & Trust Co. Sells 6,862 Shares of Unilever PLC (NYSE:UL)

Stock Yards Bank & Trust Co. lessened its position in Unilever PLC (NYSE:UL - Free Report) by 59.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,747 shares of the company's stock after selling 6,862 shares during the quarter. Stock Yards Bank & Trust Co.'s holdings in Unilever were worth $269,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in UL. E Fund Management Hong Kong Co. Ltd. bought a new stake in Unilever during the 3rd quarter valued at about $35,000. Jamison Private Wealth Management Inc. lifted its holdings in Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company's stock valued at $39,000 after buying an additional 405 shares in the last quarter. Brooklyn Investment Group bought a new stake in Unilever during the 3rd quarter valued at about $40,000. Union Bancaire Privee UBP SA bought a new stake in Unilever during the 4th quarter valued at about $40,000. Finally, Coastline Trust Co purchased a new position in Unilever during the 3rd quarter valued at about $48,000. Institutional investors own 9.67% of the company's stock.

Unilever Stock Down 0.7 %

Shares of Unilever stock opened at $57.28 on Wednesday. The firm's 50 day moving average price is $57.46 and its 200-day moving average price is $60.39. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on UL shares. Erste Group Bank reissued a "hold" rating on shares of Unilever in a research report on Tuesday, November 19th. StockNews.com downgraded shares of Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, November 12th. Royal Bank of Canada downgraded shares of Unilever from a "sector perform" rating to an "underperform" rating in a research report on Monday, January 6th. Finally, Sanford C. Bernstein raised shares of Unilever from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $61.75.

Unilever Company 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.

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