Unilever PLC (NYSE:UL) Receives Consensus Recommendation of “Hold” from Brokerages

Unilever PLC (NYSE:UL) has received an average recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating on the company.

Several research firms have recently commented on UL. Societe Generale reissued a “sell” rating on shares of Unilever in a research note on Wednesday, April 14th. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a research note on Tuesday, April 13th.

NYSE UL opened at $60.51 on Tuesday. The company has a fifty day moving average price of $58.90. The firm has a market cap of $159.10 billion, a PE ratio of 21.38, a P/E/G ratio of 5.08 and a beta of 0.47. Unilever has a 52 week low of $51.98 and a 52 week high of $63.89.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 10th. Investors of record on Friday, May 21st were paid a dividend of $0.5159 per share. The ex-dividend date of this dividend was Thursday, May 20th. This is a boost from Unilever’s previous quarterly dividend of $0.51. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.41%. Unilever’s payout ratio is 72.08%.

Hedge funds have recently bought and sold shares of the business. IAG Wealth Partners LLC bought a new position in Unilever during the fourth quarter worth about $25,000. Focused Wealth Management Inc lifted its holdings in Unilever by 68.1% during the first quarter. Focused Wealth Management Inc now owns 454 shares of the company’s stock worth $25,000 after acquiring an additional 184 shares in the last quarter. Pin Oak Investment Advisors Inc. lifted its holdings in Unilever by 91.7% during the fourth quarter. Pin Oak Investment Advisors Inc. now owns 485 shares of the company’s stock worth $29,000 after acquiring an additional 232 shares in the last quarter. Valley Brook Capital Group bought a new position in Unilever during the fourth quarter worth about $30,000. Finally, Jones Financial Companies Lllp lifted its holdings in Unilever by 87.7% during the first quarter. Jones Financial Companies Lllp now owns 548 shares of the company’s stock worth $31,000 after acquiring an additional 256 shares in the last quarter. Hedge funds and other institutional investors own 8.82% of the company’s stock.

About Unilever

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

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Analyst Recommendations for Unilever (NYSE:UL)

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