BLB&B Advisors LLC held its position in Unilever NV (NYSE:UN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,063 shares of the company’s stock at the end of the second quarter. BLB&B Advisors LLC’s holdings in Unilever NV were worth $450,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP raised its stake in Unilever NV by 22.6% in the first quarter. Wellington Management Group LLP now owns 21,933,059 shares of the company’s stock worth $1,089,635,000 after buying an additional 4,042,634 shares during the last quarter. FMR LLC raised its stake in Unilever NV by 297.2% in the first quarter. FMR LLC now owns 11,804,556 shares of the company’s stock worth $586,450,000 after buying an additional 8,832,563 shares during the last quarter. BlackRock Inc. raised its stake in Unilever NV by 416,585.0% in the first quarter. BlackRock Inc. now owns 9,167,071 shares of the company’s stock worth $455,420,000 after buying an additional 9,164,871 shares during the last quarter. Bank of America Corp DE raised its stake in Unilever NV by 3.6% in the first quarter. Bank of America Corp DE now owns 5,223,427 shares of the company’s stock worth $259,500,000 after buying an additional 179,531 shares during the last quarter. Finally, Aristotle Capital Management LLC raised its stake in Unilever NV by 1.6% in the first quarter. Aristotle Capital Management LLC now owns 4,790,618 shares of the company’s stock worth $237,998,000 after buying an additional 74,444 shares during the last quarter. 9.04% of the stock is owned by institutional investors.
Unilever NV (NYSE UN) traded down 0.83% during trading on Thursday, hitting $58.42. The stock had a trading volume of 865,560 shares. The company’s 50 day moving average is $57.22 and its 200 day moving average is $52.35. Unilever NV has a 52-week low of $38.41 and a 52-week high of $59.05. The firm has a market cap of $164.31 billion, a PE ratio of 24.37 and a beta of 0.90.
The company also recently announced 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 annualized dividend and a dividend yield of 2.41%. The ex-dividend date is Wednesday, August 2nd.
A number of research firms have commented on UN. BidaskClub lowered Unilever NV from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd. UBS AG reissued a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. Zacks Investment Research raised Unilever NV from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a report on Tuesday, June 6th. Finally, Royal Bank Of Canada lowered Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price 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.
Receive News & Ratings for Unilever NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever NV and related companies with MarketBeat.com's FREE daily email newsletter.
