BB&T Corp Purchases 2,602 Shares of Unilever NV (UN)

BB&T Corp raised its position in Unilever NV (NYSE:UN) by 6.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,460 shares of the company’s stock after acquiring an additional 2,602 shares during the quarter. BB&T Corp’s holdings in Unilever NV were worth $2,565,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Pinnacle Financial Partners Inc. purchased a new position in Unilever NV in the second quarter worth approximately $127,000. Proficio Capital Partners LLC lifted its stake in Unilever NV by 2.5% in the second quarter. Proficio Capital Partners LLC now owns 2,713 shares of the company’s stock worth $157,000 after acquiring an additional 66 shares during the last quarter. Bollard Group LLC lifted its stake in Unilever NV by 16.2% in the second quarter. Bollard Group LLC now owns 3,485 shares of the company’s stock worth $193,000 after acquiring an additional 487 shares during the last quarter. Park National Corp OH purchased a new position in Unilever NV in the second quarter worth approximately $200,000. Finally, Roffman Miller Associates Inc. PA purchased a new position in Unilever NV in the second quarter worth approximately $201,000. Institutional investors own 8.97% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “BB&T Corp Purchases 2,602 Shares of Unilever NV (UN)” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at https://www.com-unik.info/2017/10/29/bbt-corp-purchases-2602-shares-of-unilever-nv-un.html.

Shares of Unilever NV (NYSE UN) opened at 56.97 on Friday. Unilever NV has a 12-month low of $38.41 and a 12-month high of $61.62. The firm has a market cap of $160.23 billion, a PE ratio of 23.36 and a beta of 0.89. The firm’s 50-day moving average is $59.07 and its 200-day moving average is $56.80.

The firm also recently announced a dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.422 per share. This is a boost from Unilever NV’s previous dividend of $0.30. The ex-dividend date of this dividend is Thursday, November 2nd.

A number of research analysts recently issued reports on UN shares. BidaskClub upgraded shares of Unilever NV from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Zacks Investment Research raised shares of Unilever NV from a “hold” rating to a “buy” rating and set a $66.00 price objective on the stock in a report on Thursday, October 5th. UBS AG reissued a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever NV in a report on Thursday, September 7th. Finally, Royal Bank Of Canada cut shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Unilever NV has a consensus rating of “Hold” and a consensus price target of $66.00.

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.

Want to see what other hedge funds are holding UN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unilever NV (NYSE:UN).

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

What are top analysts saying about Unilever NV? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Unilever NV and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit