Unilever plc (ULVR) Shares Down 0.4%
Unilever plc (LON:ULVR) dropped 0.4% during mid-day trading on Tuesday . The company traded as low as GBX 4,347 ($57.66) and last traded at GBX 4,361 ($57.85). Approximately 1,712,966 shares traded hands during trading, a decline of 28% from the average daily volume of 2,387,160 shares. The stock had previously closed at GBX 4,379 ($58.08).
ULVR has been the subject of a number of research analyst reports. Barclays PLC set a GBX 4,390 ($58.23) price objective on shares of Unilever plc and gave the company a “buy” rating in a report on Friday, July 7th. Jefferies Group LLC restated a “buy” rating and set a GBX 4,750 ($63.01) target price on shares of Unilever plc in a research report on Friday, July 7th. Berenberg Bank set a GBX 5,075 ($67.32) target price on shares of Unilever plc and gave the company a “buy” rating in a research note on Friday, July 21st. Shore Capital reiterated a “buy” rating on shares of Unilever plc in a research note on Thursday, July 20th. Finally, Beaufort Securities reissued a “buy” rating on shares of Unilever plc in a report on Friday, July 21st. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 4,256.73 ($56.46).
The company’s market cap is GBX 122.65 billion. The stock’s 50-day moving average is GBX 4,423.96 and its 200-day moving average is GBX 4,242.05.
The business also recently announced a dividend, which was paid on Wednesday, September 6th. Stockholders of record on Thursday, August 3rd were issued a GBX 31.83 ($0.42) dividend. This is a boost from Unilever plc’s previous dividend of $30.21. The ex-dividend date was Thursday, August 3rd. This represents a dividend yield of 0.73%.
In related news, insider Mary Ma purchased 460 shares of Unilever plc stock in a transaction that occurred on Tuesday, August 1st. The stock was purchased at an average cost of GBX 4,312 ($57.20) per share, with a total value of £19,835.20 ($26,310.12). Insiders have purchased a total of 468 shares of company stock worth $2,018,520 over the last quarter.
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About Unilever plc
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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