Parkside Financial Bank & Trust lowered its stake in shares of Unilever NV (NYSE:UN) by 10.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,859 shares of the company’s stock after selling 816 shares during the period. Parkside Financial Bank & Trust’s holdings in Unilever NV were worth $379,000 as of its most recent filing with the SEC.
Other hedge funds also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in Unilever NV by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 730,087 shares of the company’s stock valued at $29,977,000 after buying an additional 20,222 shares during the last quarter. Chevy Chase Trust Holdings Inc. raised its stake in Unilever NV by 29.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 304,078 shares of the company’s stock worth $15,106,000 after buying an additional 70,066 shares during the last quarter. Northstar Group Inc. raised its stake in Unilever NV by 0.3% in the first quarter. Northstar Group Inc. now owns 20,596 shares of the company’s stock worth $1,022,000 after buying an additional 66 shares during the last quarter. Raymond James Trust N.A. raised its stake in Unilever NV by 11.4% in the first quarter. Raymond James Trust N.A. now owns 16,571 shares of the company’s stock worth $823,000 after buying an additional 1,698 shares during the last quarter. Finally, Creative Planning raised its stake in Unilever NV by 8.9% in the first quarter. Creative Planning now owns 9,719 shares of the company’s stock worth $483,000 after buying an additional 791 shares during the last quarter. Institutional investors own 9.04% of the company’s stock.
Shares of Unilever NV (UN) traded up 0.19% on Friday, hitting $58.53. The stock had a trading volume of 809,983 shares. Unilever NV has a 52-week low of $38.41 and a 52-week high of $59.05. The firm’s 50-day moving average price is $57.32 and its 200 day moving average price is $52.48. The firm has a market cap of $164.62 billion, a PE ratio of 24.52 and a beta of 0.90.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 6th. Investors of record on Friday, August 4th will be issued a $0.352 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date is Wednesday, August 2nd.
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UN has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Unilever NV from a “buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. BidaskClub downgraded Unilever NV from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 10th. UBS AG reissued a “neutral” rating on shares of Unilever NV in a research report on Monday, July 17th. Finally, Royal Bank Of Canada downgraded Unilever NV from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, six have issued 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.
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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