Unilever (NYSE:UN)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $45.68, but opened at $45.86. Unilever shares last traded at $46.67, with a volume of 1,398,158 shares changing hands.

UN has been the topic of several research reports. Numis Securities Ltd downgraded Unilever from an “add” rating to a “hold” rating in a research report on Monday, April 18th. Deutsche Bank AG restated a “buy” rating on shares of Unilever in a research report on Friday, April 22nd. Zacks Investment Research downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Thursday, June 16th. Royal Bank Of Canada downgraded Unilever from an “outperform” rating to a “sector perform” rating in a research report on Friday, July 22nd. Finally, RBC Capital Markets downgraded Unilever from an “outperform” rating to a “sector perform” rating in a research report on Friday, July 22nd. Three analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $40.50.

The stock has a 50 day moving average of $45.86 and a 200-day moving average of $44.64. The firm has a market capitalization of $132.29 billion and a P/E ratio of 24.20.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 7th. Shareholders of record on Friday, August 5th will be given a dividend of $0.3531 per share. This represents a $1.41 annualized dividend and a yield of 3.03%. The ex-dividend date is Wednesday, August 3rd. This is a boost from Unilever’s previous quarterly dividend of $0.34.

A hedge fund recently raised its stake in Unilever stock. Stephens Inc. AR raised its stake in Unilever (NYSE:UN) by 2.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 35,319 shares of the company’s stock after buying an additional 929 shares during the period. Stephens Inc. AR’s holdings in Unilever were worth $1,530,000 as of its most recent filing with the SEC.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.