Unilever plc (UL) Sets New 12-Month High at $48.97
Unilever plc (NYSE:UL) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $48.97 and last traded at $48.65, with a volume of 1,865,248 shares. The stock had previously closed at $46.98.
Several research analysts have issued reports on UL shares. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Unilever plc in a research report on Thursday. Deutsche Bank AG reiterated a “buy” rating on shares of Unilever plc in a research report on Thursday, August 25th. Zacks Investment Research cut Unilever plc from a “buy” rating to a “hold” rating in a research report on Wednesday, June 15th. Sanford C. Bernstein started coverage on Unilever plc in a research report on Monday, August 22nd. They issued an “outperform” rating for the company. Finally, RBC Capital Markets reiterated a “sector perform” rating on shares of Unilever plc in a research report on Sunday, July 24th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $51.00.
The company’s 50 day moving average price is $46.73 and its 200-day moving average price is $45.68. The company has a market cap of $137.97 billion and a price-to-earnings ratio of 24.76.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 7th. Investors of record on Friday, August 5th will be given a dividend of $0.348 per share. This is a positive change from Unilever plc’s previous quarterly dividend of $0.32. The ex-dividend date is Wednesday, August 3rd. This represents a $1.39 dividend on an annualized basis and a yield of 2.96%.
A hedge fund recently raised its stake in Unilever plc stock. Bank of Montreal Can increased its position in shares of Unilever plc (NYSE:UL) by 31.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 277,460 shares of the company’s stock after buying an additional 66,255 shares during the period. Bank of Montreal Can’s holdings in Unilever plc were worth $11,964,000 at the end of the most recent 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.