Unilever PLC (NYSE:UL) Given Average Rating of “Hold” by Analysts

Shares of Unilever PLC (NYSE:ULGet Rating) have been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating on the company.

A number of research analysts recently issued reports on UL shares. Royal Bank of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, February 15th. The Goldman Sachs Group assumed coverage on shares of Unilever in a research note on Friday, February 25th. They set a “neutral” rating on the stock. Sanford C. Bernstein raised shares of Unilever from an “underperform” rating to a “market perform” rating in a research note on Monday, March 14th. Zacks Investment Research cut shares of Unilever from a “hold” rating to a “sell” rating in a research note on Thursday, March 31st. Finally, StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Monday, May 2nd.

Shares of UL opened at $43.98 on Thursday. Unilever has a 12 month low of $42.54 and a 12 month high of $61.81. The firm’s 50 day moving average is $45.21 and its 200-day moving average is $49.04.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 16th. Stockholders of record on Friday, May 20th will be issued a dividend of $0.451 per share. The ex-dividend date is Thursday, May 19th. This represents a $1.80 annualized dividend and a dividend yield of 4.10%.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Citizens National Bank Trust Department bought a new stake in shares of Unilever during the fourth quarter worth about $27,000. Cornerstone Advisory LLC bought a new stake in shares of Unilever during the fourth quarter worth about $27,000. Disciplined Investments LLC increased its position in shares of Unilever by 309.6% during the fourth quarter. Disciplined Investments LLC now owns 512 shares of the company’s stock worth $28,000 after acquiring an additional 387 shares in the last quarter. Sageworth Trust Co of South Dakota bought a new stake in shares of Unilever during the fourth quarter worth about $29,000. Finally, Life Planning Partners Inc bought a new stake in shares of Unilever during the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 16.81% of the company’s stock.

Unilever Company Profile (Get Rating)

Unilever PLC operates as a fast-moving consumer goods company. 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. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.

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Analyst Recommendations for Unilever (NYSE:UL)

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