Ancora Advisors LLC bought a new stake in shares of Unilever NV (NYSE:UN) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 3,543 shares of the company’s stock, valued at approximately $197,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Franklin Resources Inc. grew its position in shares of Unilever by 6.6% in the third quarter. Franklin Resources Inc. now owns 46,102 shares of the company’s stock valued at $2,561,000 after purchasing an additional 2,873 shares during the period. Brown Advisory Inc. increased its stake in Unilever by 6.7% during the 3rd quarter. Brown Advisory Inc. now owns 1,183,962 shares of the company’s stock worth $65,768,000 after buying an additional 74,253 shares during the period. Altavista Wealth Management Inc. purchased a new stake in Unilever during the 3rd quarter worth approximately $258,000. Dimensional Fund Advisors LP grew its holdings in Unilever by 1.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 933,077 shares of the company’s stock worth $51,832,000 after acquiring an additional 12,925 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in Unilever during the 3rd quarter worth approximately $512,000. Hedge funds and other institutional investors own 8.02% of the company’s stock.

UN has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Unilever from a “sell” rating to a “hold” rating in a research note on Tuesday, August 28th. Argus raised their target price on shares of Unilever to $65.00 and gave the company an “average” rating in a report on Tuesday, August 21st. Finally, Jefferies Financial Group cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, October 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $65.00.

Shares of Unilever stock opened at $55.35 on Friday. The stock has a market capitalization of $95.25 billion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 3.66 and a beta of 0.80. Unilever NV has a 52 week low of $51.56 and a 52 week high of $58.72.

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 5th. Investors of record on Friday, November 2nd were paid a $0.4487 dividend. The ex-dividend date was Thursday, November 1st. This represents a $1.79 annualized dividend and a dividend yield of 3.24%. Unilever’s payout ratio is 60.47%.

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Unilever Company Profile

Unilever N.V. operates in the fast-moving consumer goods industry worldwide. The company operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skincare and haircare products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, Vaseline, Dermalogica, Murad, Dollar Shave Club, Zest & Camay, and Seventh Generation brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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