Bank of New York Mellon Corp cut its stake in Unilever NV (NYSE:UN) by 1.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 765,428 shares of the company’s stock after selling 13,810 shares during the quarter. Bank of New York Mellon Corp’s holdings in Unilever NV were worth $42,304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Boyd Watterson Asset Management LLC OH increased its stake in shares of Unilever NV by 0.3% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 4,416 shares of the company’s stock worth $244,000 after acquiring an additional 13 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Unilever NV by 0.5% in the first quarter. Parkside Financial Bank & Trust now owns 7,675 shares of the company’s stock worth $381,000 after acquiring an additional 40 shares during the last quarter. CENTRAL TRUST Co increased its stake in shares of Unilever NV by 0.4% in the second quarter. CENTRAL TRUST Co now owns 11,665 shares of the company’s stock worth $645,000 after acquiring an additional 44 shares during the last quarter. Sabal Trust CO increased its stake in shares of Unilever NV by 0.9% in the second quarter. Sabal Trust CO now owns 5,405 shares of the company’s stock worth $299,000 after acquiring an additional 50 shares during the last quarter. Finally, Northstar Group Inc. increased its stake in shares of Unilever NV by 0.3% in the second quarter. Northstar Group Inc. now owns 20,660 shares of the company’s stock worth $1,142,000 after acquiring an additional 64 shares during the last quarter. 8.98% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently weighed in on UN shares. Zacks Investment Research downgraded shares of Unilever NV from a “buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. BidaskClub downgraded shares of Unilever NV from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 10th. UBS AG reaffirmed a “neutral” rating on shares of Unilever NV in a research note on Monday, July 17th. Finally, Royal Bank Of Canada downgraded shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Unilever NV has a consensus rating of “Buy” and an average price target of $65.00.

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Unilever NV (NYSE:UN) opened at 60.07 on Thursday. The firm’s 50-day moving average is $58.57 and its 200 day moving average is $54.16. The firm has a market capitalization of $168.95 billion, a P/E ratio of 25.27 and a beta of 0.90. Unilever NV has a 52-week low of $38.41 and a 52-week high of $60.13.

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Friday, August 4th were issued a dividend of $0.352 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date was Wednesday, August 2nd.

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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Institutional Ownership by Quarter for Unilever NV (NYSE:UN)

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