Stevens Capital Management LP boosted its position in Unilever NV (NYSE:UN) by 707.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 83,941 shares of the company’s stock after buying an additional 73,547 shares during the period. Stevens Capital Management LP’s holdings in Unilever NV were worth $4,170,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently modified their holdings of UN. Woodmont Investment Counsel LLC purchased a new position in shares of Unilever NV during the third quarter worth about $104,000. SRS Capital Advisors Inc. purchased a new position in shares of Unilever NV during the fourth quarter worth about $100,000. Coconut Grove Bank boosted its position in shares of Unilever NV by 46.9% in the first quarter. Coconut Grove Bank now owns 2,505 shares of the company’s stock worth $124,000 after buying an additional 800 shares in the last quarter. High Point Bank & Trust Co. boosted its position in shares of Unilever NV by 3.9% in the fourth quarter. High Point Bank & Trust Co. now owns 2,525 shares of the company’s stock worth $104,000 after buying an additional 95 shares in the last quarter. Finally, Bollard Group LLC boosted its position in shares of Unilever NV by 200.7% in the first quarter. Bollard Group LLC now owns 2,998 shares of the company’s stock worth $149,000 after buying an additional 2,001 shares in the last quarter. Institutional investors own 6.47% of the company’s stock.
Shares of Unilever NV (NYSE:UN) traded up 1.09% during midday trading on Friday, hitting $54.96. The stock had a trading volume of 1,693,178 shares. The stock’s 50-day moving average is $51.98 and its 200-day moving average is $45.13. The stock has a market cap of $156.07 billion, a PE ratio of 27.69 and a beta of 0.85. Unilever NV has a 12 month low of $38.41 and a 12 month high of $55.20.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 7th. Stockholders of record on Friday, May 5th will be issued a dividend of $0.383 per share. This is an increase from Unilever NV’s previous quarterly dividend of $0.30. This represents a $1.53 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date of this dividend is Wednesday, May 3rd.
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A number of equities research analysts recently commented on UN shares. Zacks Investment Research raised Unilever NV from a “sell” rating to a “buy” rating and set a $53.00 price target for the company in a research report on Thursday, March 2nd. Societe Generale raised Unilever NV from a “hold” rating to a “buy” rating in a research report on Thursday, February 23rd. Barclays PLC raised Unilever NV from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 24th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever NV in a research report on Tuesday, March 28th. Finally, Liberum Capital reissued a “hold” rating on shares of Unilever NV in a research report on Monday, March 27th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $53.00.
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.
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