Unilever PLC (NYSE:UL) Given Average Recommendation of “Hold” by Brokerages

Unilever PLC (NYSE:ULGet Rating) has earned an average rating of “Hold” from the eight research firms that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating on the company.

Several brokerages have recently commented on UL. Sanford C. Bernstein upgraded Unilever from an “underperform” rating to a “market perform” rating in a report on Monday, March 14th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a report on Monday, May 2nd. Zacks Investment Research cut Unilever from a “hold” rating to a “sell” rating in a report on Thursday, March 31st. The Goldman Sachs Group began coverage on Unilever in a report on Friday, February 25th. They set a “neutral” rating on the stock. Finally, Royal Bank of Canada upgraded Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, February 15th.

A number of institutional investors have recently bought and sold shares of the stock. Citizens National Bank Trust Department bought a new position in Unilever during the fourth quarter worth about $27,000. Cornerstone Advisory LLC bought a new position in Unilever during the fourth quarter worth about $27,000. Disciplined Investments LLC boosted its holdings in Unilever by 309.6% during the fourth quarter. Disciplined Investments LLC now owns 512 shares of the company’s stock worth $28,000 after buying an additional 387 shares during the last quarter. Sageworth Trust Co of South Dakota bought a new position in Unilever during the fourth quarter worth about $29,000. Finally, Life Planning Partners Inc bought a new position in Unilever during the fourth quarter worth about $30,000. Institutional investors and hedge funds own 16.81% of the company’s stock.

Shares of UL stock opened at $43.86 on Thursday. The stock’s fifty day moving average is $45.27 and its 200-day moving average is $49.19. Unilever has a 52 week low of $42.54 and a 52 week high of $61.81.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 16th. Investors of record on Friday, May 20th will be issued a $0.451 dividend. This represents a $1.80 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend is Thursday, May 19th.

Unilever Company Profile (Get Rating)

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.

Featured Stories

Analyst Recommendations for Unilever (NYSE:UL)

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.