Unilever NV (NYSE:UN) has been given an average rating of “Hold” by the nine ratings firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

UN has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Unilever from a “buy” rating to a “hold” rating in a research note on Friday, October 6th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever in a research note on Thursday, September 7th.

Shares of Unilever (NYSE:UN) traded down $0.26 on Monday, hitting $57.43. 1,283,263 shares of the stock were exchanged, compared to its average volume of 2,047,520. Unilever has a 1 year low of $39.60 and a 1 year high of $61.62.

The business also recently announced a dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.422 per share. This is a positive change from Unilever’s previous dividend of $0.30. The ex-dividend date is Thursday, November 2nd. Unilever’s payout ratio is currently 70.71%.

Several institutional investors and hedge funds have recently modified their holdings of the company. Pinnacle Financial Partners Inc. bought a new stake in shares of Unilever in the second quarter valued at about $127,000. Proficio Capital Partners LLC raised its holdings in shares of Unilever by 2.5% in the second quarter. Proficio Capital Partners LLC now owns 2,713 shares of the company’s stock valued at $157,000 after acquiring an additional 66 shares in the last quarter. Spears Abacus Advisors LLC bought a new stake in shares of Unilever in the second quarter valued at about $202,000. Bath Savings Trust Co bought a new stake in shares of Unilever in the third quarter valued at about $207,000. Finally, IMS Capital Management bought a new stake in shares of Unilever in the second quarter valued at about $218,000. 8.69% of the stock is owned by hedge funds and other institutional investors.

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Unilever Company Profile

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.

Analyst Recommendations for Unilever (NYSE:UN)

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