Wheatland Advisors Inc. lowered its stake in shares of Unilever NV (NYSE:UN) by 8.5% during the second quarter, Holdings Channel reports. The institutional investor owned 23,813 shares of the company’s stock after selling 2,200 shares during the period. Wheatland Advisors Inc.’s holdings in Unilever NV were worth $1,316,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Boyd Watterson Asset Management LLC OH boosted its stake in shares of Unilever NV by 0.3% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 4,416 shares of the company’s stock worth $244,000 after buying an additional 13 shares during the period. Parkside Financial Bank & Trust boosted its stake in shares of Unilever NV by 0.5% in the first quarter. Parkside Financial Bank & Trust now owns 7,675 shares of the company’s stock worth $381,000 after buying an additional 40 shares during the period. CENTRAL TRUST Co boosted its stake in shares of Unilever NV by 0.4% in the second quarter. CENTRAL TRUST Co now owns 11,665 shares of the company’s stock worth $645,000 after buying an additional 44 shares during the period. Sabal Trust CO boosted its stake in shares of Unilever NV by 0.9% in the second quarter. Sabal Trust CO now owns 5,405 shares of the company’s stock worth $299,000 after buying an additional 50 shares during the period. Finally, Northstar Group Inc. boosted its stake in shares of Unilever NV by 0.3% in the second quarter. Northstar Group Inc. now owns 20,660 shares of the company’s stock worth $1,142,000 after buying an additional 64 shares during the period. 9.16% of the stock is owned by institutional investors.

Shares of Unilever NV (NYSE:UN) opened at 58.80 on Thursday. The stock has a 50 day moving average of $56.79 and a 200-day moving average of $51.70. The firm has a market cap of $165.38 billion, a price-to-earnings ratio of 24.53 and a beta of 0.90. Unilever NV has a 52 week low of $38.41 and a 52 week high of $58.83.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th will be given a $0.352 dividend. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a $1.41 annualized dividend and a yield of 2.39%.

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A number of brokerages recently weighed in on UN. Royal Bank Of Canada cut shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research report on Thursday. UBS AG reissued a “neutral” rating on shares of Unilever NV in a research report on Monday, July 17th. Zacks Investment Research cut shares of Unilever NV from a “buy” rating to a “hold” rating in a research report on Tuesday, May 23rd. Finally, BidaskClub cut shares of Unilever NV from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus 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.

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Institutional Ownership by Quarter for Unilever NV (NYSE:UN)

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