Eads & Heald Investment Counsel cut its stake in shares of Unilever NV (NYSE:UN) by 8.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,398 shares of the company’s stock after selling 956 shares during the period. Eads & Heald Investment Counsel’s holdings in Unilever NV were worth $575,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in UN. Chevy Chase Trust Holdings Inc. raised its stake in shares of Unilever NV by 29.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 304,078 shares of the company’s stock valued at $15,106,000 after buying an additional 70,066 shares during the period. Northstar Group Inc. raised its stake in shares of Unilever NV by 0.3% in the first quarter. Northstar Group Inc. now owns 20,596 shares of the company’s stock valued at $1,022,000 after buying an additional 66 shares during the period. Raymond James Trust N.A. raised its stake in shares of Unilever NV by 11.4% in the first quarter. Raymond James Trust N.A. now owns 16,571 shares of the company’s stock valued at $823,000 after buying an additional 1,698 shares during the period. Creative Planning raised its stake in shares of Unilever NV by 8.9% in the first quarter. Creative Planning now owns 9,719 shares of the company’s stock valued at $483,000 after buying an additional 791 shares during the period. Finally, Quadrant Capital Group LLC raised its stake in shares of Unilever NV by 223.8% in the first quarter. Quadrant Capital Group LLC now owns 4,841 shares of the company’s stock valued at $233,000 after buying an additional 3,346 shares during the period. 9.19% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Unilever NV (UN) opened at 58.21 on Friday. Unilever NV has a 52 week low of $38.41 and a 52 week high of $58.61. The stock has a 50 day moving average of $56.32 and a 200 day moving average of $51.11. The firm has a market cap of $163.72 billion, a P/E ratio of 24.67 and a beta of 0.90.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Investors of record on Friday, August 4th will be given a $0.352 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Wednesday, August 2nd.
UN has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Unilever NV from a “buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. BidaskClub downgraded shares of Unilever NV from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 10th. Finally, UBS AG restated a “neutral” rating on shares of Unilever NV in a research note on Monday, July 17th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $65.00.
About Unilever NV
Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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