Insider Buying: Unilever plc (LON:ULVR) Insider Acquires 3 Shares of Stock

Unilever plc (LON:ULVR) insider Graeme Pitkethly purchased 3 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were purchased at an average cost of GBX 4,922 ($64.31) per share, for a total transaction of £147.66 ($192.94).

Graeme Pitkethly also recently made the following trade(s):

  • On Monday, July 8th, Graeme Pitkethly purchased 3 shares of Unilever stock. The shares were purchased at an average cost of GBX 5,048 ($65.96) per share, for a total transaction of £151.44 ($197.88).

ULVR stock opened at GBX 4,960.15 ($64.81) on Thursday. The stock has a market capitalization of $58.25 billion and a PE ratio of 19.63. The company’s 50-day moving average is GBX 5,023.79 and its 200-day moving average is GBX 4,727.06. The company has a debt-to-equity ratio of 216.37, a current ratio of 0.81 and a quick ratio of 0.60. Unilever plc has a 1 year low of GBX 3,905 ($51.03) and a 1 year high of GBX 5,333 ($69.69).

The business also recently disclosed a dividend, which was paid on Wednesday, September 11th. Stockholders of record on Thursday, August 8th were given a dividend of GBX 36.82 ($0.48) per share. This represents a dividend yield of 0.75%. The ex-dividend date of this dividend was Thursday, August 8th. This is a boost from Unilever’s previous dividend of $35.46. Unilever’s dividend payout ratio is 0.58%.

A number of analysts have commented on ULVR shares. Barclays upped their price target on shares of Unilever from GBX 3,950 ($51.61) to GBX 4,460 ($58.28) and gave the company an “underweight” rating in a research report on Friday, July 26th. UBS Group reissued a “neutral” rating and set a GBX 5,300 ($69.25) price objective on shares of Unilever in a research report on Wednesday. Goldman Sachs Group raised shares of Unilever to a “buy” rating and increased their price objective for the stock from GBX 4,850 ($63.37) to GBX 5,700 ($74.48) in a research report on Monday, September 2nd. Jefferies Financial Group increased their price objective on shares of Unilever from GBX 4,900 ($64.03) to GBX 5,030 ($65.73) and gave the stock a “hold” rating in a research report on Friday, August 9th. Finally, JPMorgan Chase & Co. set a GBX 4,700 ($61.41) price objective on shares of Unilever and gave the stock a “sell” rating in a research report on Thursday, July 25th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 4,863.50 ($63.55).

Unilever Company Profile

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

Further Reading: Do investors pay a separate front-end load every time they buy additional shares?

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply