Unilever NV (NYSE:UN) Shares Sold by Bank of Montreal Can

Bank of Montreal Can decreased its stake in shares of Unilever NV (NYSE:UN) by 15.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 170,546 shares of the company’s stock after selling 30,065 shares during the period. Bank of Montreal Can’s holdings in Unilever NV were worth $9,427,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of UN. Dimensional Fund Advisors LP increased its stake in shares of Unilever NV by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 730,087 shares of the company’s stock worth $29,977,000 after buying an additional 20,222 shares during the last quarter. High Point Bank & Trust Co. increased its stake in shares of Unilever NV by 3.9% in the fourth quarter. High Point Bank & Trust Co. now owns 2,525 shares of the company’s stock worth $104,000 after buying an additional 95 shares during the last quarter. Chevy Chase Trust Holdings Inc. increased 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 worth $15,106,000 after buying an additional 70,066 shares during the last quarter. Northstar Group Inc. increased 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 worth $1,022,000 after buying an additional 66 shares during the last quarter. Finally, Raymond James Trust N.A. increased 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 worth $823,000 after buying an additional 1,698 shares during the last quarter. Institutional investors and hedge funds own 9.19% of the company’s stock.

Shares of Unilever NV (NYSE:UN) remained flat at $58.21 during trading on Friday. 700,769 shares of the company traded hands. Unilever NV has a 52-week low of $38.41 and a 52-week high of $58.61. The company has a market capitalization of $163.72 billion, a PE ratio of 24.67 and a beta of 0.90. The stock has a 50 day moving average of $56.32 and a 200-day moving average of $51.11.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Friday, August 4th will be paid a dividend of $0.352 per share. This represents a $1.41 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Wednesday, August 2nd.

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UN has been the topic of a number of recent research reports. Zacks Investment Research downgraded Unilever NV from a “buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. BidaskClub raised Unilever NV from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Finally, UBS AG reaffirmed a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Unilever NV has an average rating of “Buy” and a consensus price target of $65.00.

Unilever NV Company Profile

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.