Todd Asset Management LLC Sells 12,130 Shares of Unilever PLC $UL

Todd Asset Management LLC lowered its holdings in shares of Unilever PLC (NYSE:UL) by 11.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 95,495 shares of the company’s stock after selling 12,130 shares during the quarter. Todd Asset Management LLC’s holdings in Unilever were worth $5,741,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in UL. Elyxium Wealth LLC purchased a new position in shares of Unilever in the fourth quarter worth approximately $25,000. Financial Life Planners purchased a new stake in Unilever during the first quarter valued at approximately $25,000. Palisade Asset Management LLC purchased a new stake in Unilever during the third quarter valued at approximately $25,000. Bard Associates Inc. bought a new position in Unilever in the fourth quarter worth approximately $27,000. Finally, Whipplewood Advisors LLC bought a new position in Unilever in the first quarter worth approximately $29,000. Institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings raised shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. TD Cowen reaffirmed a “buy” rating on shares of Unilever in a report on Wednesday, July 29th. Zacks Research upgraded Unilever from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Royal Bank Of Canada upgraded Unilever from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, April 21st. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Unilever presently has an average rating of “Hold” and an average target price of $65.55.

Unilever Stock Performance

NYSE UL opened at $62.12 on Friday. Unilever PLC has a 12 month low of $54.75 and a 12 month high of $74.97. The company’s 50 day moving average is $61.28 and its two-hundred day moving average is $62.20.

Unilever (NYSE:UL) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.92 earnings per share for the quarter, missing analysts’ consensus estimates of $1.84 by ($0.92). The business had revenue of $14.62 billion for the quarter, compared to analyst estimates of $14.80 billion. Equities research analysts forecast that Unilever PLC will post 3.51 earnings per share for the current fiscal year.

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.