UBS AG reaffirmed their neutral rating on shares of Unilever NV (NYSE:UN) in a report released on Monday, July 17th, www.boersen-zeitung.de reports.
Several other analysts have also commented on UN. Barclays PLC upgraded shares of Unilever NV from an equal weight rating to an overweight rating in a report on Friday, March 24th. Liberum Capital restated a hold rating on shares of Unilever NV in a report on Monday, March 27th. J P Morgan Chase & Co restated a neutral rating on shares of Unilever NV in a report on Tuesday, March 28th. Zacks Investment Research lowered shares of Unilever NV from a buy rating to a hold rating in a report on Tuesday, May 23rd. Finally, BidaskClub lowered shares of Unilever NV from a strong-buy rating to a buy rating in a report on Saturday, June 10th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of $65.00.
Unilever NV (NYSE UN) opened at 58.04 on Monday. The firm’s 50-day moving average price is $56.18 and its 200 day moving average price is $50.72. Unilever NV has a one year low of $38.41 and a one year high of $58.61. The firm has a market capitalization of $163.24 billion, a P/E ratio of 24.59 and a beta of 0.90.
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The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Friday, August 4th will be issued a dividend of $0.352 per share. The ex-dividend date is Wednesday, August 2nd. This represents a $1.41 annualized dividend and a dividend yield of 2.43%.
Several institutional investors have recently added to or reduced their stakes in UN. High Point Bank & Trust Co. raised its position in Unilever NV by 3.9% in the fourth quarter. High Point Bank & Trust Co. now owns 2,525 shares of the company’s stock valued at $104,000 after buying an additional 95 shares during the last quarter. Coconut Grove Bank raised its position in Unilever NV by 46.9% in the first quarter. Coconut Grove Bank now owns 2,505 shares of the company’s stock valued at $124,000 after buying an additional 800 shares during the last quarter. SRS Capital Advisors Inc. raised its position in Unilever NV by 10.9% in the first quarter. SRS Capital Advisors Inc. now owns 2,694 shares of the company’s stock valued at $133,000 after buying an additional 264 shares during the last quarter. Proficio Capital Partners LLC raised its position in Unilever NV by 503.0% in the first quarter. Proficio Capital Partners LLC now owns 2,647 shares of the company’s stock valued at $148,000 after buying an additional 2,208 shares during the last quarter. Finally, Bollard Group LLC raised its position in Unilever NV by 200.7% in the first quarter. Bollard Group LLC now owns 2,998 shares of the company’s stock valued at $149,000 after buying an additional 2,001 shares during the last quarter. Hedge funds and other institutional investors own 9.19% of the company’s stock.
About Unilever NV
Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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