Ameriprise Financial Inc. reduced its position in Unilever NV (NYSE:UN) by 3.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 241,883 shares of the company’s stock after selling 9,752 shares during the quarter. Ameriprise Financial Inc.’s holdings in Unilever NV were worth $13,800,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Pinnacle Financial Partners Inc. acquired a new stake in shares of Unilever NV in the second quarter valued at approximately $127,000. Proficio Capital Partners LLC boosted its holdings in shares of Unilever NV by 503.0% in the first quarter. Proficio Capital Partners LLC now owns 2,647 shares of the company’s stock valued at $148,000 after acquiring an additional 2,208 shares during the period. Bollard Group LLC boosted its holdings in shares of Unilever NV by 16.2% in the second quarter. Bollard Group LLC now owns 3,485 shares of the company’s stock valued at $193,000 after acquiring an additional 487 shares during the period. Park National Corp OH acquired a new stake in shares of Unilever NV in the second quarter valued at approximately $200,000. Finally, Roffman Miller Associates Inc. PA acquired a new stake in shares of Unilever NV in the second quarter valued at approximately $201,000. 8.97% of the stock is owned by institutional investors and hedge funds.
Several equities research analysts have recently weighed in on the company. Zacks Investment Research downgraded Unilever NV from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Royal Bank Of Canada downgraded Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday, August 10th. BidaskClub raised Unilever NV from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. UBS AG reissued a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. Finally, J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever NV in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $66.00.
Shares of Unilever NV (NYSE:UN) opened at 58.52 on Friday. Unilever NV has a one year low of $38.41 and a one year high of $60.90. The firm has a market capitalization of $164.59 billion, a P/E ratio of 23.99 and a beta of 0.89. The company’s 50 day moving average price is $59.38 and its 200 day moving average price is $55.89.
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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