Unilever Sees Unusually High Options Volume (NYSE:UL)

Unilever PLC (NYSE:UL – Get Free Report) saw some unusual options trading activity on Thursday. Traders bought 1,867 put options on the company. This is an increase of 56% compared to the average daily volume of 1,198 put options.

Unilever Trading Up 0.1 %

NYSE UL opened at $48.39 on Friday. The company has a 50 day moving average price of $49.95 and a two-hundred day moving average price of $51.71. Unilever has a 12-month low of $43.42 and a 12-month high of $55.99.

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Unilever Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be issued a $0.4702 dividend. This represents a $1.88 annualized dividend and a yield of 3.89%. The ex-dividend date is Thursday, November 16th.

Institutional Investors Weigh In On Unilever

Institutional investors and hedge funds have recently made changes to their positions in the company. Allianz Asset Management GmbH lifted its position in Unilever by 43.5% during the 1st quarter. Allianz Asset Management GmbH now owns 26,032 shares of the company’s stock worth $1,186,000 after buying an additional 7,895 shares in the last quarter. Cetera Investment Advisers lifted its position in Unilever by 4.2% during the 1st quarter. Cetera Investment Advisers now owns 48,220 shares of the company’s stock valued at $2,197,000 after purchasing an additional 1,963 shares during the period. Candriam Luxembourg S.C.A. lifted its position in Unilever by 40.5% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 41,294 shares of the company’s stock valued at $1,881,000 after purchasing an additional 11,905 shares during the period. Baird Financial Group Inc. lifted its position in Unilever by 10.7% during the 1st quarter. Baird Financial Group Inc. now owns 127,034 shares of the company’s stock valued at $5,788,000 after purchasing an additional 12,302 shares during the period. Finally, Covestor Ltd increased its stake in shares of Unilever by 204.6% in the 1st quarter. Covestor Ltd now owns 667 shares of the company’s stock valued at $30,000 after acquiring an additional 448 shares during the last quarter. Institutional investors and hedge funds own 9.94% of the company’s stock.

Wall Street Analysts Forecast Growth

UL has been the subject of a number of research analyst reports. Bank of America initiated coverage on shares of Unilever in a research report on Wednesday, October 11th. They issued an “underperform” rating for the company. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research report on Saturday, October 7th.

Read Our Latest Stock Report on Unilever

Unilever Company Profile

(Get Free Report)

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.

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