Shares of Unilever PLC (NYSE:UL) have been given a consensus rating of “Hold” by the fourteen research firms that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $46.50.

Several research analysts have weighed in on UL shares. Zacks Investment Research raised Unilever PLC from a “hold” rating to a “buy” rating and set a $66.00 price target on the stock in a research report on Saturday, September 9th. Argus started coverage on Unilever PLC in a research report on Friday, November 17th. They set a “hold” rating on the stock. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever PLC in a research report on Thursday, September 7th. Finally, Morgan Stanley reaffirmed a “neutral” rating on shares of Unilever PLC in a research report on Wednesday, October 11th.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mercer Capital Advisers Inc. boosted its stake in Unilever PLC by 2.6% in the 2nd quarter. Mercer Capital Advisers Inc. now owns 1,950 shares of the company’s stock valued at $106,000 after purchasing an additional 50 shares during the period. Advisors Preferred LLC bought a new stake in shares of Unilever PLC during the 3rd quarter valued at $122,000. Hanson & Doremus Investment Management lifted its position in shares of Unilever PLC by 7.2% during the 2nd quarter. Hanson & Doremus Investment Management now owns 2,230 shares of the company’s stock valued at $121,000 after acquiring an additional 150 shares during the period. Fieldpoint Private Securities LLC bought a new stake in shares of Unilever PLC during the 3rd quarter valued at $135,000. Finally, YorkBridge Wealth Partners LLC lifted its position in shares of Unilever PLC by 22.1% during 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. Institutional investors and hedge funds own 7.23% of the company’s stock.

Unilever PLC (NYSE:UL) traded down $0.17 during trading hours on Friday, hitting $55.84. The company’s stock had a trading volume of 745,775 shares, compared to its average volume of 1,689,500. Unilever PLC has a 52-week low of $38.79 and a 52-week high of $60.13.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 3rd will be paid a $0.4217 dividend. The ex-dividend date of this dividend is Thursday, November 2nd. This is an increase from Unilever PLC’s previous quarterly dividend of $0.41. This represents a $1.69 annualized dividend and a yield of 3.02%. Unilever PLC’s payout ratio is 68.91%.

Unilever PLC 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 PLC (NYSE:UL)

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