Unilever plc (ADR) Is a Sell; Strong Momentum from Option Traders

 Unilever plc (ADR) Is a Sell; Strong Momentum from Option Traders

In today’s session Unilever plc (ADR) (UL) recorded an unusually high (168) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious UL decrease. With 168 contracts traded and 2424 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: UL161118P00042500 closed last at: $1.25 or 19% up. About 408,234 shares traded hands. Unilever plc (ADR) (NYSE:UL) has declined 3.64% since March 16, 2016 and is downtrending. It has underperformed by 9.19% the S&P500.

Unilever plc (ADR) (NYSE:UL) Ratings Coverage

Out of 5 analysts covering Unilever (NYSE:UL), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Unilever has been the topic of 5 analyst reports since July 24, 2015 according to StockzIntelligence Inc. JP Morgan upgraded the stock to “Overweight” rating in Tuesday, January 12 report. Canaccord Genuity upgraded the stock to “Buy” rating in Friday, July 24 report. Goldman Sachs downgraded the stock to “Neutral” rating in Wednesday, August 12 report. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Friday, July 22. Bernstein initiated the stock with “Outperform” rating in Monday, August 22 report.

According to Zacks Investment Research, “Unilever plc is engaged in manufacturing of branded and packaged consumer goods, including food, detergents and personal care products. The Company also has interests in specialty chemicals. Unilever sells its products internationally.”

Unilever PLC is a supplier of food, home and personal care products. The company has a market cap of $128.21 billion. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. It has a 22.44 P/E ratio. The Firm operates through four divisions: Personal Care, Foods, Home Care and Refreshment.

UL Company Profile

Unilever PLC, incorporated on June 21, 1894, is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Firm operates through four divisions: Personal Care, Foods, Home Care and Refreshment. It also offers Pureit, which is an in-home water purifier. The Firm has approximately 400 brands found in homes around the world, including Persil, Dove, Knorr, Domestos, Hellmann’s, Lipton, Wall’s, PG Tips, Ben & Jerry’s, Marmite, Magnum and Lynx. The Firm operates in over 190 countries.

More notable recent Unilever plc (ADR) (NYSE:UL) news were published by: Marketwatch.com which released: “Quotes are delayed by 20 min” on October 07, 2009, also Investorplace.com with their article: “Unilever plc (ADR) Continues to Reward Long-Term Shareholders (UL)” published on May 10, 2016, Investorplace.com published: “Unilever plc (ADR) Buys Dollar Shave Club in $1 Billion Deal” on July 20, 2016. More interesting news about Unilever plc (ADR) (NYSE:UL) were released by: Businessfinancenews.com and their article: “Alibaba Group Holding Ltd Signs Partnership Agreement With Unilever Plc (ADR)” published on July 20, 2015 as well as Businessfinancenews.com‘s news article titled: “Unilever plc (ADR) (UL) Stock Surges Over Better-Than-Expected 1QFY15 Revenues” with publication date: April 16, 2015.

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