Unilever NV (UN) Given Consensus Rating of “Hold” by Brokerages

Shares of Unilever NV (NYSE:UN) have earned an average rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts have issued reports on the company. Zacks Investment Research cut Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever in a research note on Monday, December 18th.

Institutional investors have recently modified their holdings of the company. Spears Abacus Advisors LLC bought a new stake in Unilever during the second quarter worth about $202,000. Bath Savings Trust Co bought a new stake in Unilever during the third quarter worth about $207,000. Cetera Advisors LLC bought a new stake in Unilever during the third quarter worth about $226,000. Strategic Advisors LLC bought a new stake in Unilever during the second quarter worth about $251,000. Finally, Quadrant Capital Group LLC raised its holdings in Unilever by 10.6% during the second quarter. Quadrant Capital Group LLC now owns 5,356 shares of the company’s stock worth $276,000 after acquiring an additional 515 shares in the last quarter. Institutional investors own 8.67% of the company’s stock.

Shares of Unilever (NYSE UN) traded up $0.48 during trading on Friday, hitting $56.59. The company had a trading volume of 798,361 shares, compared to its average volume of 1,154,850. Unilever has a twelve month low of $40.06 and a twelve month high of $61.62. The firm has a market capitalization of $166,010.00, a PE ratio of 23.10, a PEG ratio of 1.74 and a beta of 0.92.

The company also recently declared a dividend, which was paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd were issued a $0.422 dividend. This is a positive change from Unilever’s previous dividend of $0.30. The ex-dividend date was Thursday, November 2nd. Unilever’s payout ratio is 68.98%.

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About Unilever

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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