LVMH Moet Hennessy Louis Vuitton SA Unsponsored (LVMUY) Declares Dividend Increase – $0.71 Per Share
LVMH Moet Hennessy Louis Vuitton SA Unsponsored (OTCMKTS:LVMUY) announced a Semi-Annual dividend on Friday, April 12th, Zacks reports. Investors of record on Wednesday, April 24th will be given a dividend of 0.712 per share on Monday, May 20th. The ex-dividend date is Tuesday, April 23rd. This is a positive change from LVMH Moet Hennessy Louis Vuitton’s previous Semi-Annual dividend of $0.33.
Shares of LVMUY opened at $79.27 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.40 and a quick ratio of 0.66. The firm has a market capitalization of $200.97 billion, a price-to-earnings ratio of 26.60, a price-to-earnings-growth ratio of 3.56 and a beta of 0.91. LVMH Moet Hennessy Louis Vuitton has a fifty-two week low of $54.36 and a fifty-two week high of $79.42.
LVMUY has been the subject of several analyst reports. Zacks Investment Research downgraded LVMH Moet Hennessy Louis Vuitton from a “hold” rating to a “sell” rating in a report on Wednesday, February 6th. Goldman Sachs Group reiterated a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton in a report on Tuesday, March 19th. HSBC reiterated a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton in a report on Tuesday, March 26th. Credit Suisse Group reiterated a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton in a report on Thursday, February 28th. Finally, Societe Generale upgraded LVMH Moet Hennessy Louis Vuitton from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. LVMH Moet Hennessy Louis Vuitton has an average rating of “Buy” and an average target price of $80.00.
LVMH Moet Hennessy Louis Vuitton Company Profile
LVMH Moët Hennessy-Louis Vuitton, Société Européenne operates as a luxury products company. The company operates through Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry; Selective Retailing; and Other Activities business groups. The company offers champagnes, wines, and spirits under the Ao Yun, Ardbeg, Belvedere, Bodega Numanthia, Cape Mentelle, Chandon, Château Cheval Blanc, Château d'Yquem, Cheval des Andes, Clos des Lambrays, Clos19, Cloudy Bay, Dom Pérignon, Glenmorangie, Hennessy, Krug, Mercier, Moët & Chandon, Newton, Vineyard, Ruinart, Terrazas de los Andes, Veuve Clicquot, and Volcan de mi Tierra brands.
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