Unilever (NYSE:UN) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Unilever (NYSE:UN) have earned an average recommendation of “Hold” from the thirteen brokerages that are currently covering the firm. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $41.00.
UN has been the subject of several research reports. Zacks Investment Research downgraded Unilever from a “hold” rating to a “sell” rating in a research report on Tuesday, August 30th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Unilever in a research report on Thursday, September 1st. Citigroup Inc. raised Unilever from a “neutral” rating to a “buy” rating in a research report on Wednesday, August 31st. 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.
Shares of Unilever (NYSE:UN) traded down 0.0577% during trading on Tuesday, reaching $45.3538. 1,005,681 shares of the company traded hands. The stock’s 50 day moving average is $46.14 and its 200 day moving average is $45.26. Unilever has a 1-year low of $37.92 and a 1-year high of $48.00. The company has a market capitalization of $128.75 billion, a price-to-earnings ratio of 23.3662 and a beta of 0.76.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 7th. Investors of record on Friday, August 5th were paid a dividend of $0.3531 per share. This is a boost from Unilever’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Wednesday, August 3rd. This represents a $1.41 annualized dividend and a yield of 3.11%.
A number of large investors have recently bought and sold shares of the company. BlackRock Japan Co. Ltd acquired a new stake in Unilever during the second quarter valued at $104,000. Capital International Inc. CA acquired a new stake in Unilever during the second quarter valued at $122,000. Ledyard National Bank boosted its stake in Unilever by 88.5% in the second quarter. Ledyard National Bank now owns 3,547 shares of the company’s stock valued at $166,000 after buying an additional 1,665 shares during the last quarter. First Interstate Bank boosted its stake in Unilever by 26.1% in the second quarter. First Interstate Bank now owns 3,625 shares of the company’s stock valued at $170,000 after buying an additional 750 shares during the last quarter. Finally, Physicians Financial Services Inc. boosted its stake in Unilever by 13.4% in the second quarter. Physicians Financial Services Inc. now owns 3,729 shares of the company’s stock valued at $175,000 after buying an additional 440 shares during the last quarter.
Unilever Company Profile
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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