Northwestern Mutual Wealth Management Co. reduced its stake in Unilever NV (NYSE:UN) by 19.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,457 shares of the company’s stock after selling 3,716 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Unilever NV were worth $854,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in UN. United States Steel & Carnegie Pension Fund bought a new stake in shares of Unilever NV in the 1st quarter valued at approximately $42,782,000. Advisors Asset Management Inc. grew its stake in shares of Unilever NV by 53.1% in the 1st quarter. Advisors Asset Management Inc. now owns 22,494 shares of the company’s stock valued at $1,118,000 after purchasing an additional 7,806 shares during the period. American Century Companies Inc. bought a new stake in shares of Unilever NV in the 1st quarter valued at approximately $11,545,000. Sei Investments Co. grew its stake in shares of Unilever NV by 65.6% in the 1st quarter. Sei Investments Co. now owns 218,879 shares of the company’s stock valued at $10,874,000 after purchasing an additional 86,680 shares during the period. Finally, TD Asset Management Inc. grew its stake in shares of Unilever NV by 1.7% in the 1st quarter. TD Asset Management Inc. now owns 42,685 shares of the company’s stock valued at $1,801,000 after purchasing an additional 702 shares during the period. Institutional investors own 8.98% of the company’s stock.

Unilever NV (NYSE UN) opened at 60.02 on Wednesday. The firm has a market capitalization of $168.81 billion, a P/E ratio of 24.72 and a beta of 0.90. The stock has a 50 day moving average price of $58.82 and a 200 day moving average price of $54.48. Unilever NV has a one year low of $38.41 and a one year high of $60.90.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Friday, August 4th were paid a $0.352 dividend. The ex-dividend date of this dividend was Wednesday, August 2nd. This represents a $1.41 dividend on an annualized basis and a yield of 2.35%.

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UN has been the topic of several analyst reports. Zacks Investment Research lowered Unilever NV from a “buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. BidaskClub raised Unilever NV from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. UBS AG reissued a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever NV in a report on Thursday, September 7th. Finally, Royal Bank Of Canada downgraded Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock 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.

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

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