Vylor (NYSE:VYLR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Vylor (NYSE:VYLR) from a sell rating to a hold rating in a research report report published on Saturday,Wall Street Zen reports.

VYLR has been the topic of several other research reports. Wolfe Research upgraded Vylor to a “strong-buy” rating in a research report on Thursday, October 1st. UBS Group initiated coverage on Vylor in a report on Monday, October 12th. They set a “buy” rating and a $89.00 target price for the company. Zacks Research raised shares of Vylor to a “hold” rating in a research report on Monday, October 5th. Oppenheimer assumed coverage on shares of Vylor in a research note on Tuesday, October 6th. They issued an “outperform” rating and a $82.00 price target on the stock. Finally, Vertical Research downgraded shares of Vylor from a “buy” rating to a “hold” rating and set a $74.00 price target on the stock. in a research note on Monday, October 19th. Three research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Vylor currently has an average rating of “Moderate Buy” and an average price target of $82.67.

Vylor Trading Up 3.1%

NYSE:VYLR opened at $72.30 on Friday. Vylor has a 1-year low of $65.00 and a 1-year high of $77.39.

Vylor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Monday, November 30th will be given a $0.13 dividend. The ex-dividend date is Monday, November 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.7%.

Vylor declared that its Board of Directors has approved a stock repurchase plan on Thursday, October 22nd that permits the company to repurchase $3 billion in shares. This repurchase authorization permits the company to purchase up to 6.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.

About Vylor

Vylor Inc is a seed and genetics company. It develops and supplies germplasm for farmers to improve crop health and produce higher yields. Vylor Inc is based in JOHNSTON, Iowa.