LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Lowered to Hold Rating by Barclays

Barclays cut shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Free Report) from a strong-buy rating to a hold rating in a research report sent to investors on Friday,Zacks.com reports.

Other analysts also recently issued research reports about the stock. Bank of America raised shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "neutral" rating to a "buy" rating in a research report on Thursday, January 16th. BNP Paribas lowered shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from an "outperform" rating to a "neutral" rating in a report on Tuesday, April 29th. Kepler Capital Markets raised LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. Finally, Hsbc Global Res downgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat.com, LVMH Moët Hennessy - Louis Vuitton, Société Européenne presently has a consensus rating of "Buy".

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Stock Down 0.5 %

Shares of LVMUY traded down $0.58 during trading hours on Friday, reaching $110.17. 520,476 shares of the company traded hands, compared to its average volume of 440,681. The stock has a fifty day simple moving average of $122.15 and a 200 day simple moving average of $130.63. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a fifty-two week low of $106.48 and a fifty-two week high of $183.65.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 23rd will be issued a dividend of $1.6206 per share. The ex-dividend date is Wednesday, April 23rd. This is an increase from LVMH Moët Hennessy - Louis Vuitton, Société Européenne's previous dividend of $1.18.

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.