Unilever NV (UN) Shares Sold by Sandy Spring Bank
Sandy Spring Bank reduced its position in Unilever NV (NYSE:UN) by 1.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 96,018 shares of the company’s stock after selling 1,169 shares during the quarter. Sandy Spring Bank’s holdings in Unilever NV were worth $5,669,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. FMR LLC lifted its holdings in shares of Unilever NV by 20.4% during the second quarter. FMR LLC now owns 14,213,201 shares of the company’s stock worth $785,563,000 after purchasing an additional 2,408,645 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Unilever NV by 67.0% during the second quarter. Goldman Sachs Group Inc. now owns 1,456,768 shares of the company’s stock worth $80,515,000 after purchasing an additional 584,455 shares during the period. Crossmark Global Holdings Inc. acquired a new stake in shares of Unilever NV during the third quarter worth $22,769,000. Eaton Vance Management lifted its holdings in shares of Unilever NV by 972.0% during the second quarter. Eaton Vance Management now owns 243,092 shares of the company’s stock worth $13,436,000 after purchasing an additional 220,416 shares during the period. Finally, BlackRock Inc. raised its position in Unilever NV by 1.9% in the second quarter. BlackRock Inc. now owns 9,343,387 shares of the company’s stock worth $516,410,000 after acquiring an additional 176,316 shares in the last quarter. 8.99% of the stock is owned by institutional investors and hedge funds.
Several research analysts have issued reports on UN shares. BidaskClub upgraded Unilever NV from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Unilever NV in a research report on Thursday, September 7th. Zacks Investment Research cut Unilever NV from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. UBS AG reiterated a “neutral” rating on shares of Unilever NV in a research report on Monday, July 17th. Finally, Royal Bank Of Canada cut Unilever NV from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 10th. One equities research analyst has 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 company. The stock has a consensus rating of “Hold” and a consensus target price of $66.00.
Shares of Unilever NV (NYSE:UN) traded down $0.24 during mid-day trading on Thursday, hitting $57.23. The stock had a trading volume of 474,924 shares, compared to its average volume of 2,434,779. Unilever NV has a twelve month low of $38.41 and a twelve month high of $61.62.
The company also recently declared a dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be given a $0.422 dividend. The ex-dividend date of this dividend is Thursday, November 2nd. This is a boost from Unilever NV’s previous dividend of $0.30.
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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