Unilever NV (UN) Position Reduced by SG Americas Securities LLC
SG Americas Securities LLC decreased its position in shares of Unilever NV (NYSE:UN) by 31.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,287 shares of the company’s stock after selling 17,484 shares during the period. SG Americas Securities LLC’s holdings in Unilever NV were worth $2,260,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the stock. FMR LLC raised its holdings in 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 in the last quarter. BlackRock Inc. increased its holdings in shares of Unilever NV by 1.9% in the second quarter. BlackRock Inc. now owns 9,343,387 shares of the company’s stock valued at $516,410,000 after buying an additional 176,316 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Unilever NV by 7.9% in the third quarter. Russell Investments Group Ltd. now owns 1,464,205 shares of the company’s stock valued at $86,430,000 after buying an additional 107,496 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Unilever NV by 67.0% in the second quarter. Goldman Sachs Group Inc. now owns 1,456,768 shares of the company’s stock valued at $80,515,000 after buying an additional 584,455 shares in the last quarter. Finally, Evercore Trust Company N.A. increased its holdings in shares of Unilever NV by 11.9% in the second quarter. Evercore Trust Company N.A. now owns 1,421,632 shares of the company’s stock valued at $78,574,000 after buying an additional 151,194 shares in the last quarter. 8.85% of the stock is currently owned by hedge funds and other institutional investors.
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Several research analysts have issued reports on UN shares. Royal Bank Of Canada cut Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday, August 10th. Zacks Investment Research cut Unilever NV from a “buy” rating to a “hold” rating in a report on Friday, October 6th. BidaskClub raised Unilever NV from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever NV in a report on Thursday, September 7th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $66.00.
Unilever NV (UN) traded down $0.23 during midday trading on Friday, hitting $56.93. The company’s stock had a trading volume of 856,700 shares, compared to its average volume of 2,099,097. Unilever NV has a 52 week low of $38.41 and a 52 week high of $61.62.
The business also recently declared a dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 3rd will be issued a $0.422 dividend. The ex-dividend date is Thursday, November 2nd. This is a boost from Unilever NV’s previous dividend of $0.30.
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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