Mengis Capital Management Inc. Sells 250 Shares of Unilever PLC (NYSE:UL)

Mengis Capital Management Inc. cut its stake in Unilever PLC (NYSE:ULFree Report) by 3.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,317 shares of the company’s stock after selling 250 shares during the quarter. Mengis Capital Management Inc.’s holdings in Unilever were worth $312,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quilter Plc acquired a new stake in Unilever during the 1st quarter worth about $244,998,000. Fortis Capital Advisors LLC acquired a new stake in Unilever during the 4th quarter worth about $26,000. Barrett & Company Inc. lifted its holdings in shares of Unilever by 51.5% in the 3rd quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock valued at $30,000 after buying an additional 206 shares during the period. Covestor Ltd lifted its holdings in shares of Unilever by 204.6% in the 1st quarter. Covestor Ltd now owns 667 shares of the company’s stock valued at $30,000 after buying an additional 448 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in shares of Unilever in the 1st quarter valued at about $38,000. 9.94% of the stock is currently owned by hedge funds and other institutional investors.

Unilever Price Performance

NYSE:UL traded down $0.02 during trading hours on Monday, hitting $50.59. 2,076,559 shares of the stock were exchanged, compared to its average volume of 3,077,043. Unilever PLC has a 52-week low of $46.16 and a 52-week high of $55.99. The firm’s fifty day moving average price is $48.36 and its 200 day moving average price is $49.14.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a report on Thursday. Barclays raised Unilever from an “equal weight” rating to an “overweight” rating in a report on Thursday, November 9th. Jefferies Financial Group cut Unilever from a “buy” rating to an “underperform” rating in a report on Monday, December 11th. Finally, Sanford C. Bernstein raised Unilever from an “underperform” rating to a “market perform” rating in a report on Monday, December 11th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

View Our Latest Analysis on Unilever

Unilever Company Profile

(Free Report)

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.

Featured Stories

Want to see what other hedge funds are holding UL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unilever PLC (NYSE:ULFree Report).

Institutional Ownership by Quarter for Unilever (NYSE:UL)

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.