Lido Advisors LLC Grows Holdings in Unilever PLC $UL

Lido Advisors LLC lifted its stake in Unilever PLC (NYSE:UL) by 54.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,556 shares of the company’s stock after buying an additional 11,766 shares during the quarter. Lido Advisors LLC’s holdings in Unilever were worth $1,920,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in UL. Elyxium Wealth LLC purchased a new stake in shares of Unilever during the 4th quarter worth approximately $25,000. Financial Life Planners bought a new position in shares of Unilever in the 1st quarter valued at about $25,000. Palisade Asset Management LLC bought a new stake in Unilever during the third quarter worth approximately $25,000. Bard Associates Inc. bought a new stake in Unilever during the fourth quarter worth approximately $27,000. Finally, Whipplewood Advisors LLC purchased a new stake in Unilever during the first quarter valued at approximately $29,000. 9.67% of the stock is owned by institutional investors.

Unilever Stock Performance

UL opened at $60.92 on Monday. The business has a fifty day moving average of $59.24 and a 200 day moving average of $62.29. Unilever PLC has a 52-week low of $54.75 and a 52-week high of $74.97.

Wall Street Analysts Forecast Growth

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

Unilever 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.