Unilever NV (UN) Stake Reduced by Keybank National Association OH
Keybank National Association OH reduced its position in Unilever NV (NYSE:UN) by 11.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,082 shares of the company’s stock after selling 13,326 shares during the period. Keybank National Association OH’s holdings in Unilever NV were worth $5,863,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of UN. American Century Companies Inc. bought a new position in Unilever NV during the first quarter worth $11,545,000. Advisors Asset Management Inc. increased its position in Unilever NV by 53.1% in the first quarter. Advisors Asset Management Inc. now owns 22,494 shares of the company’s stock worth $1,118,000 after buying an additional 7,806 shares in the last quarter. Wheatland Advisors Inc. increased its position in Unilever NV by 1.6% in the first quarter. Wheatland Advisors Inc. now owns 26,013 shares of the company’s stock worth $1,292,000 after buying an additional 400 shares in the last quarter. Advisory Services Network LLC bought a new position in Unilever NV during the first quarter worth $190,000. Finally, Advisor Partners LLC bought a new position in Unilever NV during the first quarter worth $233,000. 8.98% of the stock is owned by institutional investors and hedge funds.
Unilever NV (NYSE:UN) opened at 59.02 on Thursday. The stock’s 50 day moving average is $57.82 and its 200-day moving average is $53.13. Unilever NV has a 52-week low of $38.41 and a 52-week high of $59.42. The company has a market capitalization of $165.99 billion, a P/E ratio of 24.83 and a beta of 0.90.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th will be given a dividend of $0.352 per share. This represents a $1.41 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date is Wednesday, August 2nd.
UN has been the subject of a number of research reports. Royal Bank Of Canada downgraded shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 10th. Zacks Investment Research downgraded shares of Unilever NV from a “buy” rating to a “hold” rating in a research report on Tuesday, May 23rd. BidaskClub raised shares of Unilever NV from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Finally, UBS AG reissued a “neutral” rating on shares of Unilever NV in a research report on Monday, July 17th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $65.00.
About Unilever NV
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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