Unilever plc (UL) Given Average Rating of “Hold” by Brokerages

Unilever plc (NYSE:UL) has received a consensus recommendation of “Hold” from the thirteen research firms that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $26.00.

Several equities research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a report on Monday, December 18th. Morgan Stanley reiterated a “neutral” rating on shares of Unilever in a report on Wednesday, October 11th. Finally, Argus assumed coverage on shares of Unilever in a report on Friday, November 17th. They issued a “hold” rating on the stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Harding Loevner LP raised its holdings in shares of Unilever by 5,115.5% during the third quarter. Harding Loevner LP now owns 136,128,531 shares of the company’s stock worth $24,696,000 after acquiring an additional 133,518,453 shares during the period. Mawer Investment Management Ltd. raised its holdings in shares of Unilever by 2.5% during the third quarter. Mawer Investment Management Ltd. now owns 4,009,541 shares of the company’s stock worth $232,393,000 after acquiring an additional 99,177 shares during the period. Artisan Partners Limited Partnership raised its holdings in shares of Unilever by 1.4% during the third quarter. Artisan Partners Limited Partnership now owns 2,686,581 shares of the company’s stock worth $155,714,000 after acquiring an additional 38,154 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Unilever by 2.6% during the third quarter. Ameriprise Financial Inc. now owns 2,409,797 shares of the company’s stock worth $140,549,000 after acquiring an additional 61,009 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Unilever by 47.6% during the second quarter. Goldman Sachs Group Inc. now owns 1,837,277 shares of the company’s stock worth $99,434,000 after acquiring an additional 592,653 shares during the period. Institutional investors own 7.09% of the company’s stock.

Shares of Unilever (UL) traded up $0.43 during mid-day trading on Monday, reaching $55.54. 901,600 shares of the company’s stock were exchanged, compared to its average volume of 1,123,975. Unilever has a 1 year low of $40.31 and a 1 year high of $60.13. The company has a market capitalization of $165,700.00, a PE ratio of 22.76, a PEG ratio of 2.07 and a beta of 0.89.

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 13th. Shareholders of record on Friday, November 3rd were issued a $0.4217 dividend. The ex-dividend date of this dividend was Thursday, November 2nd. This is a positive change from Unilever’s previous quarterly dividend of $0.41. This represents a $1.69 annualized dividend and a yield of 3.04%. Unilever’s dividend payout ratio (DPR) is 68.44%.

WARNING: “Unilever plc (UL) Given Average Rating of “Hold” by Brokerages” was first published by BBNS and is owned by of BBNS. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://baseballnewssource.com/markets/unilever-plc-ul-given-average-rating-of-hold-by-brokerages/1818289.html.

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.

Analyst Recommendations for Unilever (NYSE:UL)

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires


Leave a Reply

 
© 2006-2018 BBNS.