Kornitzer Capital Management Inc. KS Sells 690 Shares of Unilever N.V. (NYSE:UL)

Kornitzer Capital Management Inc. KS decreased its position in Unilever N.V. (NYSE:UL) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,465 shares of the company’s stock after selling 690 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Unilever were worth $2,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. CX Institutional bought a new stake in Unilever in the 2nd quarter worth approximately $25,000. Ropes Wealth Advisors LLC bought a new position in shares of Unilever during the 2nd quarter valued at approximately $26,000. Golden State Wealth Management LLC increased its position in shares of Unilever by 1,132.5% during the 3rd quarter. Golden State Wealth Management LLC now owns 493 shares of the company’s stock valued at $30,000 after purchasing an additional 453 shares during the last quarter. Lenox Wealth Management Inc. increased its position in shares of Unilever by 225.3% during the 2nd quarter. Lenox Wealth Management Inc. now owns 566 shares of the company’s stock valued at $35,000 after purchasing an additional 392 shares during the last quarter. Finally, Atwater Malick LLC bought a new position in shares of Unilever during the 3rd quarter valued at approximately $35,000. 7.05% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on the company. Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 3rd. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a research report on Saturday, September 21st. Finally, Barclays reissued a “sell” rating on shares of Unilever in a research report on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $66.00.

Shares of NYSE UL traded up $0.29 during trading hours on Friday, hitting $59.96. 683,523 shares of the company traded hands, compared to its average volume of 826,136. The company’s 50 day moving average price is $59.70 and its 200 day moving average price is $61.04. The stock has a market capitalization of $69.46 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 2.44 and a beta of 0.52. Unilever N.V. has a 12 month low of $50.80 and a 12 month high of $64.84.

About Unilever

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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