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.
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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.
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