Conning Inc. maintained its position in Unilever (NYSE:UN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,788 shares of the company’s stock at the end of the second quarter. Conning Inc.’s holdings in Unilever were worth $3,933,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Ledyard National Bank boosted its stake in shares of Unilever by 88.5% in the second quarter. Ledyard National Bank now owns 3,547 shares of the company’s stock worth $166,000 after buying an additional 1,665 shares during the last quarter. Physicians Financial Services Inc. boosted its stake in shares of Unilever by 13.4% in the second quarter. Physicians Financial Services Inc. now owns 3,729 shares of the company’s stock worth $175,000 after buying an additional 440 shares during the last quarter. Grimes & Company Inc. acquired a new stake in shares of Unilever during the second quarter worth about $201,000. Pennsylvania Trust Co acquired a new stake in shares of Unilever during the second quarter worth about $230,000. Finally, Bayesian Capital Management LP acquired a new stake in shares of Unilever during the first quarter worth about $242,000.
Unilever (NYSE:UN) traded up 2.27% on Thursday, reaching $46.44. The company had a trading volume of 1,604,425 shares. Unilever has a 12-month low of $38.75 and a 12-month high of $48.00. The stock’s 50 day moving average price is $46.15 and its 200-day moving average price is $45.28. The stock has a market capitalization of $131.83 billion, a PE ratio of 23.93 and a beta of 0.76.
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 7th. Shareholders of record on Friday, August 5th were given a $0.3531 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date was Wednesday, August 3rd. This is an increase from Unilever’s previous quarterly dividend of $0.34.
Several research firms have recently weighed in on UN. Zacks Investment Research cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Thursday, June 16th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Unilever in a report on Monday, August 22nd. RBC Capital Markets cut shares of Unilever from an “outperform” rating to a “sector perform” rating in a report on Friday, July 22nd. Royal Bank Of Canada cut shares of Unilever from an “outperform” rating to a “sector perform” rating in a report on Friday, July 22nd. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Unilever in a report on Thursday, September 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. Unilever has a consensus rating of “Hold” and an average price target of $41.00.
Unilever N.V. is a fast moving consumer goods company. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. Its Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. Its Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads.
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