Cullen Frost Bankers Inc. lowered its position in shares of Unilever N.V. (NYSE:UL) by 5.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,403 shares of the company’s stock after selling 1,224 shares during the period. Cullen Frost Bankers Inc.’s holdings in Unilever were worth $1,166,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. NEXT Financial Group Inc grew its position in shares of Unilever by 11.8% during the second quarter. NEXT Financial Group Inc now owns 1,520 shares of the company’s stock worth $94,000 after buying an additional 161 shares in the last quarter. AdvisorNet Financial Inc grew its position in shares of Unilever by 21.2% during the second quarter. AdvisorNet Financial Inc now owns 953 shares of the company’s stock worth $59,000 after buying an additional 167 shares in the last quarter. Canal Capital Management LLC grew its position in shares of Unilever by 2.2% during the third quarter. Canal Capital Management LLC now owns 7,880 shares of the company’s stock worth $474,000 after buying an additional 169 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Unilever by 5.0% during the second quarter. Cetera Investment Advisers now owns 3,810 shares of the company’s stock worth $234,000 after buying an additional 180 shares in the last quarter. Finally, OLD Second National Bank of Aurora grew its position in shares of Unilever by 0.5% during the second quarter. OLD Second National Bank of Aurora now owns 34,289 shares of the company’s stock worth $2,125,000 after buying an additional 184 shares in the last quarter. Institutional investors own 7.05% of the company’s stock.

UL has been the subject of a number of research reports. Goldman Sachs Group raised shares of Unilever from a “neutral” rating to a “buy” rating in a report on Tuesday, September 3rd. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “hold” rating in a report on Saturday, September 21st. Finally, Barclays reaffirmed a “sell” rating on shares of Unilever in a report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. Unilever currently has an average rating of “Hold” and an average target price of $66.00.

Unilever stock traded up $0.16 during mid-day trading on Friday, reaching $59.83. The company’s stock had a trading volume of 56,168 shares, compared to its average volume of 786,084. The firm has a market cap of $69.46 billion, a price-to-earnings ratio of 21.62, a PEG ratio of 2.44 and a beta of 0.52. The business has a 50 day moving average price of $59.73 and a 200-day moving average price of $61.04. Unilever N.V. has a twelve month low of $50.80 and a twelve month high of $64.84.

About Unilever

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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