Red Door Wealth Management LLC Has $579,000 Holdings in Unilever PLC (NYSE:UL)

Red Door Wealth Management LLC raised its position in shares of Unilever PLC (NYSE:UL) by 4.7% in the fourth quarter, Holdings Channel reports. The firm owned 10,207 shares of the company’s stock after buying an additional 455 shares during the period. Red Door Wealth Management LLC’s holdings in Unilever were worth $579,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in UL. Cardinal Capital Management Inc. boosted its holdings in Unilever by 1.6% in the fourth quarter. Cardinal Capital Management Inc. now owns 414,394 shares of the company’s stock worth $23,496,000 after purchasing an additional 6,647 shares in the last quarter. Mutual Advisors LLC lifted its holdings in Unilever by 2.9% in the 4th quarter. Mutual Advisors LLC now owns 69,935 shares of the company’s stock worth $3,877,000 after purchasing an additional 1,976 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Unilever by 17.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 493,987 shares of the company’s stock worth $28,009,000 after purchasing an additional 73,611 shares during the period. SG Americas Securities LLC acquired a new position in Unilever during the fourth quarter valued at approximately $169,000. Finally, Phillips Wealth Planners LLC raised its position in shares of Unilever by 2.2% in the fourth quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company’s stock valued at $495,000 after purchasing an additional 193 shares during the period. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Performance

Shares of UL 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 company has a 50-day moving average price of $57.53 and a two-hundred day moving average price of $60.34.

Analysts Set New Price Targets

A number of research firms have issued reports on UL. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Company Profile

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.