Unilever NV (UN) Given Average Rating of “Buy” by Analysts
Shares of Unilever NV (NYSE:UN) have been assigned a consensus rating of “Buy” from the nine analysts that are covering the firm. Four research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.
Several analysts recently weighed in on the company. Zacks Investment Research raised Unilever NV from a “sell” rating to a “buy” rating and set a $53.00 price objective on the stock in a research note on Thursday, March 2nd. Societe Generale raised Unilever NV from a “hold” rating to a “buy” rating in a research note on Thursday, February 23rd. Barclays PLC raised Unilever NV from an “equal weight” rating to an “overweight” rating in a research note on Friday, March 24th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Unilever NV in a research note on Tuesday, March 28th. Finally, Liberum Capital reaffirmed a “hold” rating on shares of Unilever NV in a research note on Monday, March 27th.
Shares of Unilever NV (NYSE:UN) traded down 0.56% on Tuesday, reaching $55.40. 1,451,606 shares of the company traded hands. The company has a market capitalization of $157.32 billion, a P/E ratio of 27.91 and a beta of 0.85. The firm’s 50 day moving average is $52.30 and its 200 day moving average is $45.37. Unilever NV has a one year low of $38.41 and a one year high of $55.95.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 7th. Investors of record on Friday, May 5th will be paid a $0.383 dividend. The ex-dividend date of this dividend is Wednesday, May 3rd. This is a positive change from Unilever NV’s previous quarterly dividend of $0.30. This represents a $1.53 annualized dividend and a yield of 2.77%.
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Several hedge funds have recently made changes to their positions in the stock. SRS Capital Advisors Inc. purchased a new stake in shares of Unilever NV during the fourth quarter worth approximately $100,000. Woodmont Investment Counsel LLC purchased a new stake in shares of Unilever NV during the third quarter worth approximately $104,000. High Point Bank & Trust Co. raised its stake in shares of Unilever NV by 3.9% in the fourth quarter. High Point Bank & Trust Co. now owns 2,525 shares of the company’s stock worth $104,000 after buying an additional 95 shares during the last quarter. Coconut Grove Bank raised its stake in shares of Unilever NV by 46.9% in the first quarter. Coconut Grove Bank now owns 2,505 shares of the company’s stock worth $124,000 after buying an additional 800 shares during the last quarter. Finally, Ancora Advisors LLC purchased a new stake in shares of Unilever NV during the fourth quarter worth approximately $131,000. 6.47% of the stock is currently owned by hedge funds and other institutional investors.
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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