Unilever (UN) Shares Bought by Nationwide Fund Advisors
Nationwide Fund Advisors raised its stake in shares of Unilever (NYSE:UN) by 2.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 173,325 shares of the company’s stock after buying an additional 4,536 shares during the period. Nationwide Fund Advisors’ holdings in Unilever were worth $8,136,000 as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. Emerald Acquisition Ltd. bought a new stake in Unilever during the second quarter worth about $47,436,000. Thomas White International Ltd. boosted its stake in Unilever by 1,990.5% in the first quarter. Thomas White International Ltd. now owns 347,798 shares of the company’s stock worth $15,540,000 after buying an additional 331,161 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Unilever by 88.6% in the first quarter. Renaissance Technologies LLC now owns 661,492 shares of the company’s stock worth $29,608,000 after buying an additional 310,777 shares during the last quarter. Cooke & Bieler LP boosted its stake in Unilever by 25.3% in the second quarter. Cooke & Bieler LP now owns 1,516,971 shares of the company’s stock worth $71,206,000 after buying an additional 306,685 shares during the last quarter. Finally, Douglas Lane & Associates LLC bought a new stake in Unilever during the first quarter worth about $12,732,000.
Unilever (NYSE:UN) traded up 2.36% on Thursday, reaching $46.48. The company had a trading volume of 1,020,274 shares. Unilever has a 12 month low of $37.92 and a 12 month high of $48.00. The company has a market capitalization of $131.95 billion, a price-to-earnings ratio of 23.95 and a beta of 0.76. The company’s 50 day moving average price is $46.10 and its 200-day moving average price is $45.27.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 7th. Stockholders of record on Friday, August 5th were given a dividend of $0.3531 per share. The ex-dividend date of this dividend was Wednesday, August 3rd. This is a boost from Unilever’s previous quarterly dividend of $0.34. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.11%.
A number of equities research analysts have issued reports on the company. Zacks Investment Research cut Unilever from a “hold” rating to a “sell” rating in a research note on Wednesday, September 7th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Unilever in a research note on Monday, August 22nd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Unilever in a research note on Thursday, September 1st. Citigroup Inc. raised Unilever from a “neutral” rating to a “buy” rating in a report on Wednesday, August 31st. Finally, RBC Capital Markets lowered Unilever from an “outperform” rating to a “sector perform” rating in a report on Friday, July 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $41.00.
Unilever Company Profile
Unilever N.V. is a fast moving consumer goods company. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. Its Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. Its Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads.
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