Unilever NV (NYSE:UN) shares reached a new 52-week high on Friday . The company traded as high as $61.34 and last traded at $61.33, with a volume of 40465 shares trading hands. The stock had previously closed at $60.47.

A number of research analysts have weighed in on the company. Barclays assumed coverage on Unilever in a research note on Tuesday, April 9th. They issued an “underweight” rating for the company. Zacks Investment Research downgraded Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st. DZ Bank downgraded Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. Societe Generale assumed coverage on Unilever in a research note on Tuesday, January 29th. They issued a “sell” rating for the company. Finally, BNP Paribas downgraded Unilever from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 27th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $63.50.

The company has a market cap of $104.99 billion, a price-to-earnings ratio of 22.10, a P/E/G ratio of 2.54 and a beta of 0.61.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Friday, May 3rd will be paid a $0.4641 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 3.03%. This is an increase from Unilever’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Thursday, May 2nd. Unilever’s dividend payout ratio (DPR) is currently 57.04%.

Hedge funds have recently bought and sold shares of the business. JNBA Financial Advisors acquired a new stake in shares of Unilever in the fourth quarter valued at approximately $27,000. Gemmer Asset Management LLC lifted its position in shares of Unilever by 279.2% in the first quarter. Gemmer Asset Management LLC now owns 455 shares of the company’s stock valued at $27,000 after buying an additional 335 shares during the last quarter. C J Advisory Inc acquired a new stake in shares of Unilever in the first quarter valued at approximately $27,000. Pin Oak Investment Advisors Inc. lifted its position in shares of Unilever by 129.3% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 532 shares of the company’s stock valued at $29,000 after buying an additional 300 shares during the last quarter. Finally, Mackey Komara & Dankovich LLC acquired a new stake in shares of Unilever in the first quarter valued at approximately $29,000. Hedge funds and other institutional investors own 7.62% of the company’s stock.

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About Unilever (NYSE:UN)

Unilever N.V. operates in the fast-moving consumer goods industry worldwide. It operates in three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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