TD Private Client Wealth LLC Increases Stake in Unilever PLC $UL

TD Private Client Wealth LLC raised its holdings in shares of Unilever PLC (NYSE:UL) by 286.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 35,577 shares of the company’s stock after purchasing an additional 26,380 shares during the period. TD Private Client Wealth LLC’s holdings in Unilever were worth $2,327,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in UL. Elyxium Wealth LLC purchased a new stake in Unilever during the fourth quarter valued at approximately $25,000. Palisade Asset Management LLC purchased a new position in shares of Unilever in the third quarter worth about $25,000. Asset Dedication LLC lifted its stake in Unilever by 108.8% during the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock valued at $28,000 after acquiring an additional 248 shares during the period. Global Wealth Strategies & Associates acquired a new position in Unilever during the fourth quarter valued at $29,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Unilever in the third quarter worth about $29,000. 9.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft lowered Unilever from a “buy” rating to a “hold” rating in a research note on Monday, February 9th. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Argus raised Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Unilever currently has a consensus rating of “Hold” and a consensus target price of $65.55.

Unilever Trading Down 0.1%

Unilever stock opened at $57.24 on Wednesday. The company’s 50 day moving average is $59.20 and its two-hundred day moving average is $64.71. Unilever PLC has a 52-week low of $54.95 and a 52-week high of $74.97.

About Unilever

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.