Unilever PLC (NYSE:UL) Shares Bought by Red Door Wealth Management LLC

Red Door Wealth Management LLC grew its position in Unilever PLC (NYSE:UL) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,207 shares of the company’s stock after acquiring an additional 455 shares during the quarter. Red Door Wealth Management LLC’s holdings in Unilever were worth $579,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC raised its holdings in shares of Unilever by 393.5% during the second quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock worth $29,000 after purchasing an additional 425 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new position in Unilever during the 3rd quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. boosted its position 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 purchasing an additional 405 shares during the period. Brooklyn Investment Group bought a new position in Unilever during the 3rd quarter worth $40,000. Finally, Coastline Trust Co acquired a new stake in Unilever in the third quarter worth $48,000. 9.67% of the stock is currently owned by institutional investors.

Unilever Stock Up 1.2 %

Shares of Unilever stock opened at $56.70 on Friday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The business has a fifty day simple moving average of $57.53 and a 200-day simple moving average of $60.34.

Analyst Upgrades and Downgrades

UL has been the topic of several analyst reports. Erste Group Bank restated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Finally, Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $61.75.

About Unilever

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.