Unilever (NYSE:UN) was down 2.4% on Wednesday . The stock traded as low as $44.91 and last traded at $45.00, with a volume of 828,734 shares. The stock had previously closed at $46.13.

Several equities research analysts have recently weighed in on UN shares. Zacks Investment Research raised shares of Unilever from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research report on Wednesday, April 6th. Numis Securities Ltd downgraded shares of Unilever from an “add” rating to a “hold” rating in a research report on Monday, April 18th. RBC Capital Markets downgraded shares of Unilever from an “outperform” rating to a “sector perform” rating in a research report on Friday, July 22nd. Royal Bank Of Canada downgraded shares of Unilever from an “outperform” rating to a “sector perform” rating in a research report on Friday, July 22nd. Finally, Deutsche Bank AG reissued a “buy” rating on shares of Unilever in a research report on Friday, April 22nd. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. Unilever has an average rating of “Hold” and an average target price of $40.50.

The firm’s 50 day moving average price is $45.59 and its 200 day moving average price is $44.51. The firm has a market capitalization of $127.55 billion and a price-to-earnings ratio of 23.46.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 7th. Stockholders of record on Friday, August 5th will be paid a dividend of $0.3531 per share. This is a positive change from Unilever’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Wednesday, August 3rd. This represents a $1.41 annualized dividend and a dividend yield of 3.14%.

Several hedge funds have recently bought and sold shares of the company. Stephens Inc. AR increased its stake in Unilever by 2.7% in the fourth quarter. Stephens Inc. AR now owns 35,319 shares of the company’s stock valued at $1,530,000 after buying an additional 929 shares in the last quarter. Veritable L.P. increased its stake in Unilever by 2.2% in the fourth quarter. Veritable L.P. now owns 128,663 shares of the company’s stock valued at $5,574,000 after buying an additional 2,724 shares in the last quarter. Cambridge Trust Co. increased its stake in Unilever by 1.2% in the fourth quarter. Cambridge Trust Co. now owns 579,056 shares of the company’s stock valued at $25,085,000 after buying an additional 7,089 shares in the last quarter. First Trust Advisors LP increased its stake in Unilever by 287.5% in the fourth quarter. First Trust Advisors LP now owns 45,458 shares of the company’s stock valued at $1,969,000 after buying an additional 33,727 shares in the last quarter. Finally, Carleon Capital Partners LLC purchased a new stake in Unilever during the fourth quarter valued at about $1,562,000.

Unilever N.V. is a fast moving consumer goods company. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. Its Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. Its Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads.

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