Unilever plc (UL) Short Interest Update

Unilever plc (NYSE:UL) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 518,965 shares, a decrease of 42.1% from the November 30th total of 896,340 shares. Based on an average daily volume of 1,377,542 shares, the short-interest ratio is presently 0.4 days.

A number of equities research analysts have recently issued reports on UL shares. Zacks Investment Research cut Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday, November 29th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a research note on Thursday, September 7th. Argus started coverage on Unilever in a research note on Friday, November 17th. They set a “hold” rating on the stock. Finally, Morgan Stanley reiterated a “neutral” rating on shares of Unilever in a research note on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. Unilever has a consensus rating of “Hold” and a consensus target price of $44.50.

Shares of Unilever (UL) opened at $54.78 on Thursday. Unilever has a 12 month low of $40.31 and a 12 month high of $60.13. The firm has a market capitalization of $162,580.00, a price-to-earnings ratio of 22.36, a P/E/G ratio of 2.06 and a beta of 0.89.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 13th. Investors of record on Friday, November 3rd were paid a $0.4217 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date of this dividend was Thursday, November 2nd. This is a boost from Unilever’s previous quarterly dividend of $0.41. Unilever’s dividend payout ratio is 66.94%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisors Preferred LLC bought a new stake in Unilever in the 3rd quarter valued at $122,000. Fieldpoint Private Securities LLC bought a new stake in Unilever in the 3rd quarter valued at $135,000. YorkBridge Wealth Partners LLC raised its stake in Unilever by 22.1% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 3,383 shares of the company’s stock valued at $182,000 after acquiring an additional 613 shares during the period. Segment Wealth Management LLC bought a new stake in Unilever in the 3rd quarter valued at $201,000. Finally, Cable Hill Partners LLC raised its stake in Unilever by 6,866.0% in the 3rd quarter. Cable Hill Partners LLC now owns 3,483 shares of the company’s stock valued at $202,000 after acquiring an additional 3,433 shares during the period. Institutional investors and hedge funds own 7.09% of the company’s stock.

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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.

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