Unilever NV (UN) Stake Increased by Bluestein R H & Co.
Bluestein R H & Co. grew its stake in shares of Unilever NV (NYSE:UN) by 4.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,000 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Bluestein R H & Co.’s holdings in Unilever NV were worth $1,271,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Pinnacle Financial Partners Inc. purchased a new stake in shares of Unilever NV during the second quarter valued at $127,000. SRS Capital Advisors Inc. boosted its stake in shares of Unilever NV by 10.9% during the first quarter. SRS Capital Advisors Inc. now owns 2,694 shares of the company’s stock valued at $133,000 after purchasing an additional 264 shares during the period. Proficio Capital Partners LLC boosted its stake in shares of Unilever NV by 503.0% during the first quarter. Proficio Capital Partners LLC now owns 2,647 shares of the company’s stock valued at $148,000 after purchasing an additional 2,208 shares during the period. Bollard Group LLC boosted its stake in shares of Unilever NV by 16.2% during the second quarter. Bollard Group LLC now owns 3,485 shares of the company’s stock valued at $193,000 after purchasing an additional 487 shares during the period. Finally, Park National Corp OH purchased a new stake in shares of Unilever NV during the second quarter valued at $200,000. 8.97% of the stock is owned by hedge funds and other institutional investors.
Unilever NV (NYSE UN) traded down 0.44% during mid-day trading on Friday, reaching $58.73. 1,648,622 shares of the company were exchanged. The stock’s 50-day moving average price is $59.20 and its 200-day moving average price is $55.04. The stock has a market capitalization of $165.18 billion, a price-to-earnings ratio of 24.19 and a beta of 0.90. Unilever NV has a 1-year low of $38.41 and a 1-year high of $60.90.
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Friday, August 4th were issued a dividend of $0.352 per share. This represents a $1.41 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend was Wednesday, August 2nd.
A number of brokerages have recently issued reports on UN. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever NV in a research note on Thursday, September 7th. BidaskClub raised shares of Unilever NV from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 12th. Royal Bank Of Canada lowered shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research note on Thursday, August 10th. UBS AG reissued a “neutral” rating on shares of Unilever NV in a research note on Monday, July 17th. Finally, Zacks Investment Research raised shares of Unilever NV from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Tuesday, June 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Unilever NV currently has an average rating of “Buy” and an average target price of $65.00.
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Unilever NV 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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