Unilever NV (UN) Holdings Cut by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC decreased its holdings in shares of Unilever NV (NYSE:UN) by 15.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,358 shares of the company’s stock after selling 987 shares during the period. Valeo Financial Advisors LLC’s holdings in Unilever were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UN. SeaCrest Wealth Management LLC acquired a new stake in shares of Unilever in the 4th quarter worth approximately $113,000. Vestpro Financial Partners Inc. dba CPF Texas acquired a new stake in shares of Unilever in the 4th quarter worth approximately $120,000. Arthur M. Cohen & Associates LLC acquired a new stake in shares of Unilever in the 4th quarter worth approximately $186,000. Ledyard National Bank acquired a new stake in shares of Unilever in the 4th quarter worth approximately $192,000. Finally, Ballentine Partners LLC acquired a new stake in shares of Unilever in the 4th quarter worth approximately $204,000. Institutional investors own 8.66% of the company’s stock.

Shares of Unilever NV (NYSE:UN) opened at $53.16 on Wednesday. Unilever NV has a fifty-two week low of $46.01 and a fifty-two week high of $61.62.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Investors of record on Friday, February 16th will be paid a $0.445 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.78 dividend on an annualized basis and a yield of 3.35%. This is a positive change from Unilever’s previous quarterly dividend of $0.35.

A number of research firms recently weighed in on UN. ABN Amro upgraded Unilever from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research cut Unilever from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Unilever in a report on Monday, December 18th. Finally, Investec upgraded Unilever from a “hold” rating to a “buy” rating in a report on Monday, January 29th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Unilever presently has an average rating of “Hold” and a consensus price target of $66.00.

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About Unilever

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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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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