According to Zacks, “Unilever is one of the world’s largest consumer products companies. They produce and market a wide range of foods, home and personal care products. Their leading brands include Dove, Lipton, Magnum, Omo and Rama. They are the number one producer of frozen foods in Europe, They are also a leader in the branded olive oil category the most important brand being Bertolli. They are the largest seller of packet tea in the world through our Lipton and Brooke Bond brands. “
UN has been the subject of a number of other research reports. Citigroup Inc. upgraded shares of Unilever from a neutral rating to a buy rating in a research note on Wednesday, August 31st. JPMorgan Chase & Co. reiterated a buy rating on shares of Unilever in a research note on Thursday, September 1st. Royal Bank Of Canada cut shares of Unilever from an outperform rating to a sector perform rating in a research note on Friday, July 22nd. RBC Capital Markets cut shares of Unilever from an outperform rating to a sector perform rating in a research note on Friday, July 22nd. Finally, Sanford C. Bernstein reiterated an outperform rating on shares of Unilever in a research note on Monday, August 22nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $41.00.
Unilever (NYSE:UN) opened at 46.20 on Friday. The company has a market cap of $131.15 billion, a PE ratio of 23.95 and a beta of 0.76. The stock’s 50 day moving average is $46.20 and its 200 day moving average is $45.35. Unilever has a 12 month low of $39.88 and a 12 month high of $48.00.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 7th. Stockholders of record on Friday, August 5th were given a $0.3531 dividend. The ex-dividend date was Wednesday, August 3rd. This is a positive change from Unilever’s previous quarterly dividend of $0.34. This represents a $1.41 annualized dividend and a dividend yield of 3.06%.
Several institutional investors have recently modified their holdings of the stock. BlackRock Japan Co. Ltd acquired a new position in Unilever during the second quarter worth approximately $104,000. Capital International Inc. CA acquired a new position in Unilever during the second quarter worth approximately $122,000. Ledyard National Bank raised its position in Unilever by 88.5% in the second quarter. Ledyard National Bank now owns 3,547 shares of the company’s stock worth $166,000 after buying an additional 1,665 shares in the last quarter. First Interstate Bank raised its position in Unilever by 26.1% in the second quarter. First Interstate Bank now owns 3,625 shares of the company’s stock worth $170,000 after buying an additional 750 shares in the last quarter. Finally, Physicians Financial Services Inc. raised its position in Unilever by 13.4% in the second quarter. Physicians Financial Services Inc. now owns 3,729 shares of the company’s stock worth $175,000 after buying an additional 440 shares in the last quarter.
Unilever N.V. is a fast moving consumer goods company. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. Its Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. Its Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads.
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