Unilever plc (NYSE:UL) has received a consensus rating of “Hold” from the thirteen analysts that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $44.50.

A number of equities research analysts have commented on the stock. Zacks Investment Research downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Morgan Stanley reaffirmed a “neutral” rating on shares of Unilever in a research report on Wednesday, October 11th. Argus began coverage on shares of Unilever in a research report on Friday, November 17th. They set a “hold” rating for the company. Finally, J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever in a research report on Thursday, September 7th.

Several hedge funds have recently modified their holdings of UL. Coastline Trust Co lifted its stake in shares of Unilever by 1.2% during the 2nd quarter. Coastline Trust Co now owns 4,375 shares of the company’s stock valued at $236,000 after buying an additional 50 shares in the last quarter. Strategic Global Advisors LLC lifted its stake in shares of Unilever by 0.6% during the 2nd quarter. Strategic Global Advisors LLC now owns 10,395 shares of the company’s stock valued at $563,000 after buying an additional 64 shares in the last quarter. First National Trust Co. lifted its stake in shares of Unilever by 1.9% during the 2nd quarter. First National Trust Co. now owns 4,585 shares of the company’s stock valued at $248,000 after buying an additional 87 shares in the last quarter. Bruderman Asset Management LLC lifted its stake in shares of Unilever by 0.6% during the 2nd quarter. Bruderman Asset Management LLC now owns 17,723 shares of the company’s stock valued at $959,000 after buying an additional 113 shares in the last quarter. Finally, Toronto Dominion Bank lifted its stake in shares of Unilever by 1.2% during the 2nd quarter. Toronto Dominion Bank now owns 11,890 shares of the company’s stock valued at $644,000 after buying an additional 138 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

Unilever (NYSE:UL) traded up $0.28 during trading hours on Thursday, reaching $56.36. 1,074,400 shares of the company’s stock were exchanged, compared to its average volume of 1,667,615. Unilever has a fifty-two week low of $39.48 and a fifty-two week high of $60.13.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd were given a dividend of $0.4217 per share. This is an increase from Unilever’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $1.69 dividend on an annualized basis and a dividend yield of 2.99%. Unilever’s payout ratio is presently 68.33%.

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Unilever Company Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Analyst Recommendations for Unilever (NYSE:UL)

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