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

A number of research firms have recently commented on UN. Zacks Investment Research cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Thursday, June 16th. RBC Capital Markets cut shares of Unilever from an “outperform” rating to a “sector perform” rating in a report on Friday, July 22nd. Royal Bank Of Canada cut shares of Unilever from an “outperform” rating to a “sector perform” rating in a report on Friday, July 22nd. Numis Securities Ltd restated a “hold” rating on shares of Unilever in a report on Monday, April 18th. Finally, Deutsche Bank AG restated a “buy” rating on shares of Unilever in a report on Friday, April 22nd. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. Unilever presently has an average rating of “Hold” and a consensus target price of $40.50.

The firm has a market cap of $129.14 billion and a price-to-earnings ratio of 23.73. The firm has a 50-day moving average of $45.66 and a 200-day moving average of $44.51.

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 issued a $0.3531 dividend. This is a boost 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 3.12%.

Several large investors have bought and sold shares of the stock. Stephens Inc. AR raised 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. First Trust Advisors LP raised 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. Veritable L.P. raised 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. Finally, Morgan Stanley raised its stake in Unilever by 8.5% in the fourth quarter. Morgan Stanley now owns 1,389,647 shares of the company’s stock valued at $60,199,000 after buying an additional 108,771 shares in the last quarter.

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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