Raab & Moskowitz Asset Management LLC Raises Stock Holdings in Unilever PLC (NYSE:UL)

Raab & Moskowitz Asset Management LLC boosted its stake in shares of Unilever PLC (NYSE:UL) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,414 shares of the company’s stock after purchasing an additional 236 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in Unilever were worth $817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UL. Golden State Wealth Management LLC purchased a new stake in shares of Unilever during the 4th quarter valued at $26,000. Financial Life Planners purchased a new position in Unilever during the 4th quarter worth $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Unilever during the 3rd quarter valued at about $35,000. Jamison Private Wealth Management Inc. raised its stake in Unilever by 202.5% in the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after buying an additional 405 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in Unilever in the third quarter worth about $40,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

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

Unilever Price Performance

Shares of Unilever stock opened at $59.09 on Thursday. The firm has a fifty day moving average price of $57.29 and a 200 day moving average price of $60.39. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.

About Unilever

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.