Todd Asset Management LLC Reduces Position in Unilever PLC $UL

Todd Asset Management LLC reduced its holdings in Unilever PLC (NYSE:UL) by 20.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,172 shares of the company’s stock after selling 27,191 shares during the period. Todd Asset Management LLC’s holdings in Unilever were worth $7,074,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cornerstone Wealth Management LLC lifted its stake in Unilever by 3.9% in the 4th quarter. Cornerstone Wealth Management LLC now owns 4,036 shares of the company’s stock worth $264,000 after purchasing an additional 151 shares in the last quarter. CoreCap Advisors LLC grew its position in shares of Unilever by 19.4% in the fourth quarter. CoreCap Advisors LLC now owns 997 shares of the company’s stock valued at $65,000 after purchasing an additional 162 shares in the last quarter. Synovus Financial Corp grew its position in shares of Unilever by 0.5% in the third quarter. Synovus Financial Corp now owns 40,080 shares of the company’s stock valued at $2,376,000 after purchasing an additional 182 shares in the last quarter. Invested Advisors increased its holdings in shares of Unilever by 4.8% in the fourth quarter. Invested Advisors now owns 3,987 shares of the company’s stock valued at $261,000 after purchasing an additional 183 shares during the last quarter. Finally, Tower Bridge Advisors lifted its position in Unilever by 1.2% during the third quarter. Tower Bridge Advisors now owns 17,495 shares of the company’s stock worth $1,037,000 after buying an additional 200 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Performance

UL stock opened at $57.33 on Tuesday. Unilever PLC has a fifty-two week low of $54.95 and a fifty-two week high of $74.97. The business has a 50 day moving average price of $58.56 and a 200 day moving average price of $64.41.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on UL. Argus raised Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. Kepler Capital Markets lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. Royal Bank Of Canada upgraded shares of Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Monday, February 9th. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $65.55.

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.