Trillium Asset Management LLC Purchases 11,911 Shares of Unilever NV (UN)
Trillium Asset Management LLC boosted its position in shares of Unilever NV (NYSE:UN) by 2.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 465,655 shares of the company’s stock after buying an additional 11,911 shares during the period. Unilever NV makes up approximately 1.5% of Trillium Asset Management LLC’s portfolio, making the stock its 7th largest position. Trillium Asset Management LLC’s holdings in Unilever NV were worth $25,736,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in UN. Coconut Grove Bank increased its stake in 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. Pinnacle Financial Partners Inc. purchased a new stake in Unilever NV during the second quarter worth $127,000. SRS Capital Advisors Inc. increased its stake in Unilever NV by 10.9% in the first quarter. SRS Capital Advisors Inc. now owns 2,694 shares of the company’s stock worth $133,000 after buying an additional 264 shares in the last quarter. Proficio Capital Partners LLC increased its stake in Unilever NV by 503.0% in the first quarter. Proficio Capital Partners LLC now owns 2,647 shares of the company’s stock worth $148,000 after buying an additional 2,208 shares in the last quarter. Finally, Bollard Group LLC increased its stake in 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. 9.04% of the stock is owned by institutional investors and hedge funds.
Unilever NV (NYSE:UN) opened at 57.96 on Monday. The firm’s 50 day moving average price is $56.92 and its 200-day moving average price is $51.86. The company has a market capitalization of $163.01 billion, a PE ratio of 24.18 and a beta of 0.90. Unilever NV has a 12-month low of $38.41 and a 12-month high of $58.83.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Friday, August 4th will be issued a dividend of $0.352 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Wednesday, August 2nd.
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A number of analysts have weighed in on UN shares. BidaskClub downgraded shares of Unilever NV from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 10th. Zacks Investment Research upgraded Unilever NV from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a report on Tuesday, June 6th. UBS AG restated a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. Finally, Royal Bank Of Canada cut Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Unilever NV presently has an average rating of “Buy” and an average price target of $65.00.
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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