Shares of Unilever plc (NYSE:UL) fell 2.3% on Wednesday . The company traded as low as $45.83 and last traded at $45.93, with a volume of 760,606 shares. The stock had previously closed at $47.00.

A number of research firms have weighed in on UL. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Unilever plc in a research note on Wednesday, July 27th. RBC Capital Markets reaffirmed a “sector perform” rating on shares of Unilever plc in a research note on Sunday, July 24th. Royal Bank Of Canada cut shares of Unilever plc from an “outperform” rating to a “sector perform” rating in a research note on Friday, July 22nd. Zacks Investment Research cut shares of Unilever plc from a “buy” rating to a “hold” rating in a research note on Wednesday, June 15th. Finally, Liberum Capital reissued a “sell” rating on shares of Unilever plc in a research note on Wednesday, May 25th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. Unilever plc presently has a consensus rating of “Hold” and an average target price of $51.00.

The company’s 50 day moving average price is $46.52 and its 200 day moving average price is $45.14. The stock has a market cap of $130.19 billion and a price-to-earnings ratio of 23.95.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 7th. Shareholders of record on Friday, August 5th will be paid a $0.348 dividend. This represents a $1.39 annualized dividend and a yield of 3.04%. The ex-dividend date is Wednesday, August 3rd. This is a boost from Unilever plc’s previous quarterly dividend of $0.32.

A number of hedge funds have recently bought and sold shares of the company. Beacon Financial Group boosted its stake in Unilever plc by 8.6% in the fourth quarter. Beacon Financial Group now owns 43,565 shares of the company’s stock valued at $1,905,000 after buying an additional 3,466 shares in the last quarter. Russell Frank Co boosted its stake in Unilever plc by 75.6% in the fourth quarter. Russell Frank Co now owns 57,517 shares of the company’s stock valued at $2,516,000 after buying an additional 24,755 shares in the last quarter. Bank of Montreal Can boosted its stake in Unilever plc by 31.4% in the fourth quarter. Bank of Montreal Can now owns 277,460 shares of the company’s stock valued at $11,964,000 after buying an additional 66,255 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Unilever plc by 8.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,260,300 shares of the company’s stock valued at $140,585,000 after buying an additional 242,728 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its stake in Unilever plc by 1.2% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 94,083 shares of the company’s stock valued at $4,057,000 after buying an additional 1,097 shares in the last quarter.

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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