Unilever plc (NYSE:UL)’s share price rose 3.5% during mid-day trading on Monday . The company traded as high as $48.97 and last traded at $48.63, with a volume of 2,517,600 shares changing hands. The stock had previously closed at $46.98.

UL has been the topic of a number of recent research reports. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Unilever plc in a research note on Thursday. Sanford C. Bernstein initiated coverage on shares of Unilever plc in a research note on Monday, August 22nd. They issued an “outperform” rating on the stock. 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. Finally, Zacks Investment Research cut shares of Unilever plc from a “buy” rating to a “hold” rating in a research note on Wednesday, June 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $51.00.

The company has a market cap of $138.05 billion and a price-to-earnings ratio of 24.96. The company has a 50 day moving average price of $46.77 and a 200 day moving average price of $45.71.

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 represents a $1.39 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date is Wednesday, August 3rd. This is a positive change from Unilever plc’s previous quarterly dividend of $0.32.

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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