Unilever plc (UL) Receives Overweight Rating from JPMorgan Chase & Co.
Other equities research analysts also recently issued research reports about the stock. Deutsche Bank AG reaffirmed a buy rating on shares of Unilever plc in a research note on Thursday, August 25th. Zacks Investment Research downgraded shares of Unilever plc from a buy rating to a hold rating in a research note on Wednesday, June 15th. Sanford C. Bernstein started coverage on shares of Unilever plc in a research note on Monday, August 22nd. They set an outperform rating on the stock. RBC Capital Markets reaffirmed a sector perform rating on shares of Unilever plc in a research note on Sunday, July 24th. Finally, Royal Bank Of Canada downgraded shares of Unilever plc from an outperform rating to a sector perform rating in a research note on Friday, July 22nd. 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 stock. Unilever plc currently has an average rating of Hold and an average target price of $51.00.
Shares of Unilever plc (NYSE:UL) opened at 47.57 on Monday. The stock has a market capitalization of $135.04 billion, a PE ratio of 24.52 and a beta of 0.70. The stock has a 50 day moving average of $47.00 and a 200-day moving average of $46.21. Unilever plc has a one year low of $39.86 and a one year high of $48.97.
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 7th. Shareholders of record on Friday, August 5th were given a dividend of $0.348 per share. This represents a $1.39 dividend on an annualized basis and a dividend yield of 2.93%. This is an increase from Unilever plc’s previous quarterly dividend of $0.32. The ex-dividend date was Wednesday, August 3rd.
Hedge funds have recently added to or reduced their stakes in the company. Raymond James & Associates increased its stake in Unilever plc by 7.3% in the second quarter. Raymond James & Associates now owns 2,305,708 shares of the company’s stock worth $110,467,000 after buying an additional 156,574 shares during the period. Harding Loevner LP increased its stake in Unilever plc by 0.3% in the second quarter. Harding Loevner LP now owns 2,259,106 shares of the company’s stock worth $108,236,000 after buying an additional 7,386 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. BB&T Securities LLC increased its stake in Unilever plc by 0.6% in the second quarter. BB&T Securities LLC now owns 1,279,033 shares of the company’s stock worth $61,278,000 after buying an additional 7,281 shares during the last quarter. Finally, UBS Group AG increased its stake in Unilever plc by 0.8% in the first quarter. UBS Group AG now owns 1,251,011 shares of the company’s stock worth $56,521,000 after buying an additional 9,661 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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