Unilever PLC (LON:ULVR – Get Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4,400.46 ($58.86) and traded as high as GBX 4,875 ($65.21). Unilever shares last traded at GBX 4,864 ($65.06), with a volume of 3,244,914 shares trading hands.
Analyst Upgrades and Downgrades
ULVR has been the topic of several recent research reports. Jefferies Financial Group raised their price target on Unilever from GBX 3,700 ($49.49) to GBX 4,000 ($53.50) and gave the stock an “underperform” rating in a research report on Tuesday, July 2nd. JPMorgan Chase & Co. restated an “overweight” rating on shares of Unilever in a report on Thursday, July 4th.
Check Out Our Latest Report on ULVR
Unilever Stock Performance
Unilever Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 8th were issued a GBX 36.96 ($0.49) dividend. This is an increase from Unilever’s previous dividend of $36.74. This represents a dividend yield of 0.84%. The ex-dividend date was Thursday, August 8th. Unilever’s dividend payout ratio is 6,712.33%.
Insider Transactions at Unilever
In other news, insider Nelson Peltz sold 2,931,127 shares of the stock in a transaction on Friday, August 9th. The shares were sold at an average price of GBX 4,738 ($63.38), for a total transaction of £138,876,797.26 ($185,763,506.23). 0.13% of the stock is currently owned by insiders.
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.
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