Unilever (NYSE:UN) shares 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 trading hands.

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

The firm’s 50 day moving average price is $45.86 and its 200 day moving average price is $44.67. The firm has a market capitalization of $131.98 billion and a P/E ratio of 24.24.

The firm also recently announced 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. The ex-dividend date is Wednesday, August 3rd. This represents a $1.41 annualized dividend and a dividend yield of 3.04%. This is an increase from Unilever’s previous quarterly dividend of $0.34.

An institutional investor recently raised its position in Unilever stock. First Trust Advisors LP boosted its stake in shares of Unilever (NYSE:UN) by 287.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,458 shares of the company’s stock after buying an additional 33,727 shares during the period. First Trust Advisors LP’s holdings in Unilever were worth $1,969,000 at the end of the most recent 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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