Arkadios Wealth Advisors Decreases Stake in Unilever PLC (NYSE:UL)
Unilever: Institutional Investors Adjust Holdings, Analysts Weigh In
Institutional Activity
Arkadios Wealth Advisors trimmed its Unilever position by 4.7% in the fourth quarter, selling 304 shares.
Other hedge funds and institutions have also made moves:
- Fisher Asset Management increased its stake by 7.1%, now owning over 16.7 million shares.
- Saratoga Research & Investment Management grew its position by 0.8%.
- Hamlin Capital Management raised its stake by 7.9%.
- Jennison Associates significantly boosted its position by 981.6%.
- Bank of Montreal Can increased its holdings by 3.7%.
Institutional investors and hedge funds currently hold a collective 9.67% stake in Unilever.
Analyst Opinions
Analysts have expressed varying opinions on Unilever:
- Erste Group Bank: Reiterated "hold" rating.
- StockNews.com: Downgraded from "buy" to "hold."
- Royal Bank of Canada: Downgraded from "sector perform" to "underperform."
- Sanford C. Bernstein: Upgraded from "hold" to "strong-buy."
Overall, Unilever has received a "hold" consensus rating and an average target price of $61.75.
Stock Performance and Company Profile
Unilever shares opened at $56.02 on Thursday. The stock's 50-day moving average is $57.56, and its 200-day moving average is $60.37. Unilever's 12-month range is $46.46 to $65.87.
Unilever is a global consumer goods company operating in various sectors, including beauty and personal care, home care, nutrition, and ice cream.
Hedge Fund Insights
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