Kering SA (OTCMKTS:PPRUY) to Issue $0.21 Dividend

Kering SA (OTCMKTS:PPRUY) announced a dividend on Wednesday, December 18th,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be given a dividend of 0.2097 per share on Friday, January 31st. The ex-dividend date is Monday, January 13th.

Kering Stock Performance

PPRUY traded up $0.14 during midday trading on Thursday, reaching $24.25. 341,850 shares of the company were exchanged, compared to its average volume of 330,033. Kering has a one year low of $21.69 and a one year high of $47.41. The company’s fifty day moving average price is $24.37 and its 200 day moving average price is $28.40.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Berenberg Bank raised shares of Kering to a “hold” rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. downgraded Kering from a “neutral” rating to an “underweight” rating in a research report on Monday, December 2nd. The Goldman Sachs Group cut shares of Kering from a “neutral” rating to a “sell” rating in a research note on Tuesday, October 1st. Citigroup lowered Kering from a “buy” rating to a “neutral” rating in a research note on Monday, October 21st. Finally, Barclays reaffirmed an “underweight” rating on shares of Kering in a report on Monday, September 9th. Three research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Kering Company Profile

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.