Petrus Trust Company LTA cut its stake in shares of Unilever NV (NYSE:UN) by 8.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,907 shares of the company’s stock after selling 9,304 shares during the period. Unilever NV accounts for approximately 1.3% of Petrus Trust Company LTA’s portfolio, making the stock its 26th largest holding. Petrus Trust Company LTA’s holdings in Unilever NV were worth $5,411,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Boyd Watterson Asset Management LLC OH increased its position in shares of Unilever NV by 0.3% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 4,416 shares of the company’s stock valued at $244,000 after buying an additional 13 shares during the period. Northwest Quadrant Wealth Management LLC increased its position in shares of Unilever NV by 0.6% during the second quarter. Northwest Quadrant Wealth Management LLC now owns 4,726 shares of the company’s stock valued at $277,000 after buying an additional 26 shares during the period. CENTRAL TRUST Co increased its position in shares of Unilever NV by 0.4% during the second quarter. CENTRAL TRUST Co now owns 11,665 shares of the company’s stock valued at $645,000 after buying an additional 44 shares during the period. Sabal Trust CO increased its position in shares of Unilever NV by 0.9% during the second quarter. Sabal Trust CO now owns 5,405 shares of the company’s stock valued at $299,000 after buying an additional 50 shares during the period. Finally, iAB Financial Bank increased its position in shares of Unilever NV by 0.7% during the second quarter. iAB Financial Bank now owns 6,850 shares of the company’s stock valued at $379,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 8.97% of the company’s stock.

Unilever NV (UN) traded up 0.45% on Thursday, hitting $58.37. 710,080 shares of the company traded hands. Unilever NV has a 1-year low of $38.41 and a 1-year high of $60.90. The firm’s 50 day moving average price is $59.20 and its 200 day moving average price is $55.04. The firm has a market capitalization of $164.17 billion, a PE ratio of 23.93 and a beta of 0.90.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Friday, August 4th were issued a $0.352 dividend. The ex-dividend date was Wednesday, August 2nd. This represents a $1.41 dividend on an annualized basis and a yield of 2.42%.

Several research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Unilever NV from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research report on Thursday. Royal Bank Of Canada cut shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 10th. BidaskClub upgraded shares of Unilever NV from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. UBS AG restated a “neutral” rating on shares of Unilever NV in a research report on Monday, July 17th. Finally, J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever NV in a research report on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Unilever NV presently has a consensus rating of “Buy” and an average price target of $65.00.

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Unilever NV 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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