UBS AG reiterated their neutral rating on shares of Unilever NV (NYSE:UN) in a research report sent to investors on Monday, July 17th, www.boersen-zeitung.de reports.
A number of other research analysts have also recently issued reports on the stock. BidaskClub upgraded shares of Unilever NV from a hold rating to a buy rating in a research note on Thursday, July 13th. Zacks Investment Research raised shares of Unilever NV from a hold rating to a buy rating and set a $65.00 price target for the company in a report on Tuesday, June 6th. J P Morgan Chase & Co reissued a neutral rating on shares of Unilever NV in a report on Tuesday, March 28th. Liberum Capital reissued a hold rating on shares of Unilever NV in a report on Monday, March 27th. Finally, Barclays PLC raised shares of Unilever NV from an equal weight rating to an overweight rating in a report on Friday, March 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of $65.00.
Unilever NV (NYSE UN) traded up 0.02% during trading on Monday, hitting $57.96. The stock had a trading volume of 1,180,913 shares. The stock has a 50-day moving average price of $56.85 and a 200-day moving average price of $51.74. The company has a market cap of $163.01 billion, a PE ratio of 24.18 and a beta of 0.90. Unilever NV has a 52 week low of $38.41 and a 52 week high of $58.83.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th will be issued a dividend of $0.352 per share. This represents a $1.41 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Wednesday, August 2nd.
Hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in Unilever NV by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 730,087 shares of the company’s stock worth $29,977,000 after buying an additional 20,222 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Unilever NV during the fourth quarter worth approximately $9,263,000. Dodge & Cox acquired a new stake in Unilever NV during the fourth quarter worth approximately $2,344,000. High Point Bank & Trust Co. raised its stake 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 worth $104,000 after buying an additional 95 shares in the last quarter. Finally, Chevy Chase Trust Holdings Inc. boosted its position in shares of Unilever NV by 29.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 304,078 shares of the company’s stock worth $15,106,000 after buying an additional 70,066 shares in the last quarter. 9.16% of the stock is owned by hedge funds and other institutional investors.
Unilever NV Company Profile
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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