First Trust Advisors LP purchased a new stake in Unilever NV (NYSE:UN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 27,194 shares of the company’s stock, valued at approximately $1,503,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Covington Capital Management lifted its holdings in shares of Unilever NV by 0.5% in the first quarter. Covington Capital Management now owns 55,397 shares of the company’s stock valued at $2,741,000 after purchasing an additional 250 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of 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 valued at $259,500,000 after purchasing an additional 179,531 shares in the last quarter. HL Financial Services LLC lifted its holdings in shares of Unilever NV by 1.5% in the first quarter. HL Financial Services LLC now owns 10,506 shares of the company’s stock valued at $522,000 after purchasing an additional 158 shares in the last quarter. Aristotle Capital Management LLC lifted its holdings in shares of Unilever NV by 1.6% in the first quarter. Aristotle Capital Management LLC now owns 4,790,618 shares of the company’s stock valued at $237,998,000 after purchasing an additional 74,444 shares in the last quarter. Finally, Lockheed Martin Investment Management Co. purchased a new stake in shares of Unilever NV in the first quarter valued at about $9,116,000. 8.98% of the stock is currently owned by institutional investors.

Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Unilever NV from a “buy” rating to a “hold” rating in a report on Tuesday, May 23rd. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever NV in a report on Thursday, September 7th. UBS AG reaffirmed a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. BidaskClub raised shares of Unilever NV from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Finally, Royal Bank Of Canada downgraded shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Unilever NV presently has an average rating of “Buy” and an average target price of $65.00.

Shares of Unilever NV (UN) opened at 60.38 on Friday. Unilever NV has a one year low of $38.41 and a one year high of $60.90. The stock has a market cap of $169.82 billion, a P/E ratio of 24.87 and a beta of 0.90. The firm has a 50 day moving average of $59.06 and a 200 day moving average of $54.74.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Stockholders of record on Friday, August 4th were given a dividend of $0.352 per share. The ex-dividend date of this dividend was Wednesday, August 2nd. This represents a $1.41 annualized dividend and a dividend yield of 2.33%.

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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.

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

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