United Capital Financial Advisers LLC Boosts Holdings in Unilever NV (NYSE:UN)

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United Capital Financial Advisers LLC lifted its stake in Unilever NV (NYSE:UN) by 62.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,220 shares of the company’s stock after purchasing an additional 13,992 shares during the quarter. United Capital Financial Advisers LLC’s holdings in Unilever were worth $2,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Schafer Cullen Capital Management Inc increased its stake in Unilever by 20.8% in the second quarter. Schafer Cullen Capital Management Inc now owns 3,461,084 shares of the company’s stock worth $209,534,000 after purchasing an additional 595,393 shares during the period. Parametric Portfolio Associates LLC boosted its position in Unilever by 4.8% during the second quarter. Parametric Portfolio Associates LLC now owns 2,580,731 shares of the company’s stock valued at $156,702,000 after purchasing an additional 117,886 shares in the last quarter. Wells Fargo & Company MN boosted its position in Unilever by 0.8% during the second quarter. Wells Fargo & Company MN now owns 1,711,141 shares of the company’s stock valued at $103,900,000 after purchasing an additional 12,760 shares in the last quarter. Brown Advisory Inc. boosted its position in Unilever by 5.1% during the second quarter. Brown Advisory Inc. now owns 1,446,013 shares of the company’s stock valued at $87,802,000 after purchasing an additional 70,104 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Unilever by 5.4% during the first quarter. JPMorgan Chase & Co. now owns 1,359,478 shares of the company’s stock valued at $79,244,000 after purchasing an additional 70,252 shares in the last quarter. 7.71% of the stock is owned by hedge funds and other institutional investors.

NYSE UN traded up $0.15 during trading on Thursday, hitting $60.48. The company’s stock had a trading volume of 424,819 shares, compared to its average volume of 1,094,983. The company has a market cap of $102.16 billion, a PE ratio of 21.83, a P/E/G ratio of 2.59 and a beta of 0.49. The business’s 50 day simple moving average is $59.85 and its 200-day simple moving average is $59.42. Unilever NV has a fifty-two week low of $52.08 and a fifty-two week high of $63.62.

A number of brokerages recently weighed in on UN. Zacks Investment Research downgraded Unilever from a “hold” rating to a “sell” rating in a research report on Friday, September 13th. Morgan Stanley downgraded Unilever from an “in-line” rating to an “underweight” rating in a research report on Wednesday. Finally, Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 3rd. Five research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. Unilever currently has a consensus rating of “Hold” and an average target price of $68.00.

Unilever Profile

Unilever N.V. operates in the fast-moving consumer goods industry worldwide. It operates in three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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