Unilever NV (UN) Shares Sold by Schafer Cullen Capital Management Inc.

Schafer Cullen Capital Management Inc. decreased its stake in Unilever NV (NYSE:UN) by 11.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,949,452 shares of the company’s stock after selling 529,421 shares during the quarter. Unilever NV makes up about 2.7% of Schafer Cullen Capital Management Inc.’s investment portfolio, making the stock its 2nd largest position. Schafer Cullen Capital Management Inc. owned 0.14% of Unilever NV worth $218,286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in UN. United States Steel & Carnegie Pension Fund acquired a new stake in Unilever NV in the 1st quarter valued at $42,782,000. Pacer Advisors Inc. acquired a new stake in Unilever NV in the 1st quarter valued at $206,000. OppenheimerFunds Inc. acquired a new stake in Unilever NV in the 1st quarter valued at $2,053,000. MARSHALL WACE ASIA Ltd acquired a new stake in Unilever NV in the 1st quarter valued at $6,020,000. Finally, Marshall Wace North America L.P. acquired a new stake in Unilever NV in the 1st quarter valued at $6,020,000. 8.97% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently commented on UN shares. BidaskClub lowered Unilever NV from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. UBS AG reaffirmed a “neutral” rating on shares of Unilever NV in a research note on Monday, July 17th. Royal Bank Of Canada lowered Unilever NV from a “sector perform” rating to an “underperform” rating in a research note on Thursday, August 10th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever NV in a research note on Thursday, September 7th. Finally, Zacks Investment Research lowered Unilever NV from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Unilever NV has an average rating of “Hold” and an average target price of $66.00.

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Unilever NV Company 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.

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

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