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 of this dividend is Monday, January 13th.

Kering Price Performance

OTCMKTS:PPRUY traded up $0.14 during midday trading on Thursday, hitting $24.25. The company’s stock had a trading volume of 341,850 shares, compared to its average volume of 330,033. Kering has a fifty-two week low of $21.69 and a fifty-two week high of $47.41. The firm’s 50 day moving average is $24.37 and its 200-day moving average is $28.40.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. cut shares of Kering from a “neutral” rating to an “underweight” rating in a report on Monday, December 2nd. Citigroup lowered Kering from a “buy” rating to a “neutral” rating in a report on Monday, October 21st. The Goldman Sachs Group downgraded Kering from a “neutral” rating to a “sell” rating in a report on Tuesday, October 1st. Barclays reiterated an “underweight” rating on shares of Kering in a research note on Monday, September 9th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Kering in a report on Monday, September 9th. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Kering

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.