Ritholtz Wealth Management Has $1.86 Million Stock Holdings in Unilever PLC $UL

Ritholtz Wealth Management decreased its holdings in Unilever PLC (NYSE:UL) by 28.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 32,713 shares of the company’s stock after selling 12,917 shares during the period. Ritholtz Wealth Management’s holdings in Unilever were worth $1,864,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new position in shares of Unilever during the fourth quarter worth $25,000. Bard Associates Inc. acquired a new position in shares of Unilever in the fourth quarter valued at approximately $27,000. Palisade Asset Management LLC acquired a new position in shares of Unilever in the third quarter valued at approximately $25,000. Global Wealth Strategies & Associates bought a new position in Unilever in the 4th quarter valued at approximately $29,000. Finally, Asset Dedication LLC raised its holdings in Unilever by 108.8% in the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company’s stock valued at $28,000 after buying an additional 248 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on UL shares. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Argus upgraded shares of Unilever to a “strong-buy” rating in a report on Monday, March 2nd. DZ Bank upgraded Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Monday, May 18th. Finally, Weiss Ratings downgraded Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Unilever has an average rating of “Hold” and an average target price of $65.55.

Unilever Price Performance

UL stock opened at $60.62 on Friday. The stock has a 50-day moving average price of $57.75 and a 200-day moving average price of $62.79. Unilever PLC has a 1-year low of $54.75 and a 1-year 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.