Modera Wealth Management LLC Has $10.06 Million Stake in Unilever PLC $UL

Modera Wealth Management LLC cut its stake in Unilever PLC (NYSE:UL) by 4.7% in the first quarter, Holdings Channel.com reports. The firm owned 176,542 shares of the company’s stock after selling 8,786 shares during the quarter. Modera Wealth Management LLC’s holdings in Unilever were worth $10,058,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Evergreen Capital Management LLC lifted its stake in Unilever by 160.8% in the 4th quarter. Evergreen Capital Management LLC now owns 82,192 shares of the company’s stock valued at $5,375,000 after acquiring an additional 50,682 shares in the last quarter. DAVENPORT & Co LLC grew its stake in shares of Unilever by 37.3% during the 4th quarter. DAVENPORT & Co LLC now owns 78,400 shares of the company’s stock worth $5,127,000 after acquiring an additional 21,313 shares in the last quarter. HF Advisory Group LLC raised its holdings in shares of Unilever by 1,135.3% in the fourth quarter. HF Advisory Group LLC now owns 388,355 shares of the company’s stock valued at $25,398,000 after purchasing an additional 356,918 shares during the last quarter. Cullen Investment Group LTD. bought a new stake in shares of Unilever in the fourth quarter worth $5,003,000. Finally, Timber Creek Capital Management LLC boosted its holdings in Unilever by 59.7% during the fourth quarter. Timber Creek Capital Management LLC now owns 64,661 shares of the company’s stock worth $4,229,000 after purchasing an additional 24,163 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on UL shares. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Monday, July 6th. Weiss Ratings cut Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Zacks Research downgraded Unilever from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Royal Bank Of Canada upgraded Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Finally, DZ Bank raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $65.55.

Unilever Stock Performance

NYSE UL opened at $62.35 on Friday. The firm has a 50-day moving average of $58.85 and a 200-day moving average of $62.45. Unilever PLC has a 52-week low of $54.75 and a 52-week high of $74.97.

Unilever Company Profile

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.