Unilever NV (NYSE:UN) has earned an average recommendation of “Buy” from the nine research firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $65.00.
UN has been the topic of several recent analyst reports. BidaskClub downgraded shares of Unilever NV from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 10th. Zacks Investment Research upgraded shares of Unilever NV from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a report on Tuesday, June 6th. UBS AG restated a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. Finally, Royal Bank Of Canada downgraded shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday, August 10th.
Shares of Unilever NV (UN) traded up 0.07% during mid-day trading on Friday, hitting $59.54. 1,056,244 shares of the stock were exchanged. The stock’s 50 day moving average is $58.36 and its 200-day moving average is $53.78. Unilever NV has a 12 month low of $38.41 and a 12 month high of $59.77. The stock has a market cap of $167.46 billion, a PE ratio of 25.05 and a beta of 0.90.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Investors of record on Friday, August 4th will be given a $0.352 dividend. The ex-dividend date is Wednesday, August 2nd. This represents a $1.41 dividend on an annualized basis and a yield of 2.36%.
Large investors have recently modified their holdings of the stock. BlackRock Inc. raised its stake in shares of Unilever NV by 416,585.0% in the first quarter. BlackRock Inc. now owns 9,167,071 shares of the company’s stock worth $455,420,000 after buying an additional 9,164,871 shares in the last quarter. FMR LLC raised its stake in shares of Unilever NV by 297.2% in the first quarter. FMR LLC now owns 11,804,556 shares of the company’s stock worth $586,450,000 after buying an additional 8,832,563 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Unilever NV by 22.6% in the first quarter. Wellington Management Group LLP now owns 21,933,059 shares of the company’s stock worth $1,089,635,000 after buying an additional 4,042,634 shares in the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in shares of Unilever NV by 9,088.7% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 1,411,193 shares of the company’s stock worth $70,208,000 after buying an additional 1,395,835 shares in the last quarter. Finally, United States Steel & Carnegie Pension Fund purchased a new stake in shares of Unilever NV during the first quarter worth approximately $42,782,000. Hedge funds and other institutional investors own 8.98% of the company’s stock.
About Unilever NV
Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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