Unilever PLC (LON:ULVR – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4,470.16 ($58.37) and traded as high as GBX 4,875 ($63.66). Unilever shares last traded at GBX 4,857 ($63.42), with a volume of 3,796,058 shares trading hands.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on ULVR shares. Jefferies Financial Group raised their price target on shares of Unilever from GBX 3,700 ($48.32) to GBX 4,000 ($52.23) and gave the stock an “underperform” rating in a research report on Tuesday, July 2nd. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Unilever in a research report on Thursday, July 4th.
View Our Latest Analysis on Unilever
Unilever Price Performance
Unilever Increases Dividend
The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 8th were given a dividend of GBX 36.96 ($0.48) per share. This is a positive change from Unilever’s previous dividend of $36.74. The ex-dividend date of this dividend was Thursday, August 8th. This represents a dividend yield of 0.84%. Unilever’s dividend payout ratio (DPR) is currently 6,681.82%.
Insider Buying and Selling at Unilever
In related news, insider Nelson Peltz sold 2,931,127 shares of the company’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of GBX 4,738 ($61.87), for a total transaction of £138,876,797.26 ($181,348,651.42). Company insiders own 0.13% of the company’s stock.
About Unilever
Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.
Further Reading
- Five stocks we like better than Unilever
- Compound Interest and Why It Matters When Investing
- Taiwan Semiconductor Soars on Earnings With More Room to Run
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Is Lucid Group Nearing the Bottom? What Investors Should Know
- Using the MarketBeat Dividend Tax Calculator
- 90% Gain Possible? Analysts Are Bullish on Joby Aviation
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.