Shares of Unilever PLC (LON:ULVR) have been given a consensus recommendation of "Hold" by the twenty-two analysts that are now covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the stock. The average 12 month target price among brokers that have issued a report on the stock in the previous year is GBX 4,312.11 ($58.04). Zacks Investment Research downgraded Unilever NV from a "hold" rating to a "sell" rating in a report on Wednesday, December 21st. The institutional investor owned 14,721 shares of the company's stock after selling 11,253 shares during the period. Permit Capital LLC now owns 9,100 shares of the company's stock worth $503,000 after acquiring an additional 145 shares during the last quarter. Omnia Family Wealth LLC grew its stake in Unilever by 1.4% in the 2nd quarter. BlackRock Investment Management LLC now owns 3,044,434 shares of the company's stock valued at $140,348,000 after buying an additional 493,424 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Unilever NV by 13.7% in the third quarter. Hedge funds and other institutional investors own 8.67% of the company's stock. Unilever plc has a 1 year low of GBX 3,173.50 ($43.04) and a 1 year high of GBX 4,557.50 ($61.80). The stock has a market capitalization of $116.60 billion, a PE ratio of 21.06 and a beta of 0.85.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th. Jefferies Group restated a buy rating and set a GBX 4,830 ($65.50) price objective on shares of Unilever in a research note on Wednesday, October 25th. J P Morgan Chase & Co set a GBX 4,400 ($59.22) target price on Unilever and gave the company a "neutral" rating in a research note on Tuesday, September 26th. Stockholders of record on Friday, February 10th will be issued a dividend of $0.292 per share. This represents a $1.17 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date was Thursday, November 2nd.
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