LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Declares Dividend of $1.18

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) declared a dividend on Thursday, November 7th,NASDAQ Dividends reports. Shareholders of record on Friday, November 29th will be paid a dividend of 1.181 per share on Thursday, December 19th. The ex-dividend date is Friday, November 29th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Down 4.1 %

Shares of LVMUY traded down $5.50 during midday trading on Friday, reaching $129.10. 486,700 shares of the stock were exchanged, compared to its average volume of 285,597. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a twelve month low of $125.00 and a twelve month high of $191.63. The business’s 50-day moving average price is $138.13 and its 200 day moving average price is $149.33.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Berenberg Bank upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Wednesday, October 30th. Citigroup upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Friday, October 11th. Finally, TD Cowen raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Thursday, October 10th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.