Sigma Planning Corp trimmed its holdings in shares of Unilever NV (NYSE:UN) by 11.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,005 shares of the company’s stock after selling 538 shares during the quarter. Sigma Planning Corp’s holdings in Unilever were worth $230,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in UN. Baystate Wealth Management LLC bought a new position in Unilever in the 3rd quarter valued at about $30,000. Capital Investment Advisory Services LLC boosted its position in Unilever by 216.6% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 782 shares of the company’s stock worth $47,000 after buying an additional 535 shares during the period. Timber Creek Capital Management LLC boosted its position in Unilever by 25.0% during the 4th quarter. Timber Creek Capital Management LLC now owns 1,125 shares of the company’s stock worth $64,000 after buying an additional 225 shares during the period. Usca Ria LLC acquired a new stake in Unilever during the 3rd quarter worth approximately $73,000. Finally, Northwest Investment Counselors LLC acquired a new stake in Unilever during the 3rd quarter worth approximately $75,000. 8.22% of the stock is currently owned by institutional investors and hedge funds.
UN has been the topic of several recent research reports. Berenberg Bank downgraded shares of Unilever to a “hold” rating in a research report on Monday, February 3rd. HSBC downgraded shares of Unilever from a “hold” rating to a “reduce” rating in a research report on Tuesday, January 7th. Jefferies Financial Group upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Liberum Capital upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. Finally, Zacks Investment Research downgraded shares of Unilever from a “hold” rating to a “sell” rating in a research report on Saturday, January 11th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $68.00.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Friday, February 21st will be given a $0.452 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.81 dividend on an annualized basis and a dividend yield of 3.03%. Unilever’s dividend payout ratio (DPR) is currently 55.60%.
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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