Other equities research analysts have also recently issued reports about the company. Liberum Capital restated a sell rating on shares of Unilever plc in a research note on Wednesday, May 25th. Zacks Investment Research cut Unilever plc from a buy rating to a hold rating in a research note on Wednesday, June 15th. Royal Bank Of Canada cut Unilever plc from an outperform rating to a sector perform rating in a research note on Friday, July 22nd. RBC Capital Markets restated a sector perform rating on shares of Unilever plc in a research note on Sunday, July 24th. Finally, Sanford C. Bernstein initiated coverage on Unilever plc in a research note on Monday, August 22nd. They set an outperform rating for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. Unilever plc presently has a consensus rating of Hold and a consensus target price of $51.00.
Shares of Unilever plc (NYSE:UL) opened at 46.65 on Thursday. Unilever plc has a 52 week low of $39.13 and a 52 week high of $48.97. The company’s 50 day moving average price is $46.86 and its 200-day moving average price is $46.10. The firm has a market capitalization of $132.43 billion, a PE ratio of 24.18 and a beta of 0.70.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 7th. Investors of record on Friday, August 5th were issued a $0.348 dividend. This represents a $1.39 dividend on an annualized basis and a yield of 2.98%. This is an increase from Unilever plc’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Wednesday, August 3rd.
A number of hedge funds have recently bought and sold shares of UL. Carnick & Kubik Group LLC bought a new stake in Unilever plc during the second quarter worth $231,000. Northwestern Mutual Wealth Management Co. increased its stake in Unilever plc by 6.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 172,710 shares of the company’s stock worth $8,275,000 after buying an additional 11,222 shares during the last quarter. Royal Bank of Canada increased its stake in Unilever plc by 3.2% in the second quarter. Royal Bank of Canada now owns 1,983,808 shares of the company’s stock worth $95,044,000 after buying an additional 61,351 shares during the last quarter. Hanson McClain Inc. increased its stake in Unilever plc by 2.6% in the second quarter. Hanson McClain Inc. now owns 6,597 shares of the company’s stock worth $316,000 after buying an additional 170 shares during the last quarter. Finally, IFP Advisors Inc increased its stake in Unilever plc by 6.1% in the second quarter. IFP Advisors Inc now owns 12,175 shares of the company’s stock worth $583,000 after buying an additional 704 shares during the last quarter.
Unilever plc Company Profile
Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.
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