Unilever plc (NYSE:UL) has earned an average recommendation of “Hold” from the thirteen research firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $26.00.
UL has been the subject of a number of research reports. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “buy” rating and set a $63.00 price target for the company in a report on Wednesday, December 13th. Argus initiated coverage on shares of Unilever in a report on Friday, November 17th. They issued a “hold” rating for the company. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever in a report on Monday, December 18th. Finally, Morgan Stanley reissued a “neutral” rating on shares of Unilever in a report on Wednesday, October 11th.
Unilever (NYSE UL) traded down $0.07 during trading hours on Monday, hitting $54.02. 1,230,475 shares of the stock were exchanged, compared to its average volume of 1,086,347. Unilever has a 52 week low of $40.31 and a 52 week high of $60.13. The company has a market capitalization of $161,980.00, a PE ratio of 22.32, a P/E/G ratio of 2.07 and a beta of 0.89.
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd were issued a $0.4217 dividend. This is a positive change from Unilever’s previous quarterly dividend of $0.41. The ex-dividend date was Thursday, November 2nd. This represents a $1.69 annualized dividend and a dividend yield of 3.12%. Unilever’s payout ratio is 69.01%.
Several hedge funds have recently made changes to their positions in the company. Advisors Preferred LLC bought a new stake in Unilever in the 3rd quarter valued at $122,000. Fieldpoint Private Securities LLC bought a new stake in Unilever in the 3rd quarter valued at $135,000. YorkBridge Wealth Partners LLC lifted its position in Unilever by 22.1% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 3,383 shares of the company’s stock valued at $182,000 after acquiring an additional 613 shares in the last quarter. Segment Wealth Management LLC bought a new stake in Unilever in the 3rd quarter valued at $201,000. Finally, Cable Hill Partners LLC lifted its position in Unilever by 6,866.0% in the 3rd quarter. Cable Hill Partners LLC now owns 3,483 shares of the company’s stock valued at $202,000 after acquiring an additional 3,433 shares in the last quarter. 7.09% of the stock is owned by institutional investors.
Unilever Company Profile
Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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