Unilever plc (NYSE:UL) shot up 1% during mid-day trading on Tuesday . The company traded as high as $47.23 and last traded at $46.96, with a volume of 1,228,751 shares changing hands. The stock had previously closed at $46.49.

A number of research analysts have recently commented on UL shares. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Unilever plc in a report on Tuesday, July 12th. Royal Bank Of Canada downgraded Unilever plc from an “outperform” rating to a “sector perform” rating in a report on Friday, July 22nd. Numis Securities Ltd downgraded Unilever plc from an “add” rating to a “hold” rating in a report on Monday, April 18th. Beaufort Securities reiterated a “buy” rating on shares of Unilever plc in a report on Saturday, April 16th. Finally, RBC Capital Markets reiterated a “sector perform” rating on shares of Unilever plc in a report on Sunday, July 24th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Unilever plc presently has an average rating of “Hold” and a consensus price target of $51.00.

The stock has a market cap of $130.95 billion and a PE ratio of 24.06. The stock has a 50-day moving average price of $46.52 and a 200-day moving average price of $45.14.

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

Several hedge funds and institutional investors recently modified their holdings of UL. Bank of Montreal Can boosted its position in shares of Unilever plc by 31.4% in the fourth quarter. Bank of Montreal Can now owns 277,460 shares of the company’s stock worth $11,964,000 after buying an additional 66,255 shares in the last quarter. Morningstar Investment Services LLC boosted its position in shares of Unilever plc by 12.1% in the fourth quarter. Morningstar Investment Services LLC now owns 351,676 shares of the company’s stock worth $15,164,000 after buying an additional 38,008 shares in the last quarter. Russell Frank Co boosted its position in shares of Unilever plc by 75.6% in the fourth quarter. Russell Frank Co now owns 57,517 shares of the company’s stock worth $2,516,000 after buying an additional 24,755 shares in the last quarter. Freestone Capital Holdings LLC boosted its position in shares of Unilever plc by 151.6% in the fourth quarter. Freestone Capital Holdings LLC now owns 36,428 shares of the company’s stock worth $1,571,000 after buying an additional 21,950 shares in the last quarter. Finally, Stephens Inc. AR boosted its position in shares of Unilever plc by 6.3% in the fourth quarter. Stephens Inc. AR now owns 122,986 shares of the company’s stock worth $5,303,000 after buying an additional 7,306 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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