Trust Co. of Vermont lessened its holdings in shares of Unilever NV (NYSE:UN) by 3.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 16,923 shares of the company’s stock after selling 665 shares during the period. Trust Co. of Vermont’s holdings in Unilever were worth $1,028,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of UN. Gemmer Asset Management LLC raised its position in shares of Unilever by 279.2% during the 1st quarter. Gemmer Asset Management LLC now owns 455 shares of the company’s stock worth $27,000 after acquiring an additional 335 shares in the last quarter. C J Advisory Inc acquired a new stake in shares of Unilever during the 1st quarter worth about $27,000. Mackey Komara & Dankovich LLC purchased a new position in Unilever during the 1st quarter worth approximately $29,000. Rehmann Capital Advisory Group grew its stake in Unilever by 72.8% during the 1st quarter. Rehmann Capital Advisory Group now owns 615 shares of the company’s stock worth $36,000 after buying an additional 259 shares during the last quarter. Finally, Hanson & Doremus Investment Management grew its stake in Unilever by 69.6% during the 1st quarter. Hanson & Doremus Investment Management now owns 721 shares of the company’s stock worth $42,000 after buying an additional 296 shares during the last quarter. 7.58% of the stock is currently owned by institutional investors and hedge funds.
A number of research analysts recently issued reports on UN shares. Credit Suisse Group upgraded Unilever from a “neutral” rating to an “outperform” rating in a research note on Friday, May 3rd. Zacks Investment Research downgraded Unilever from a “hold” rating to a “sell” rating in a research note on Saturday. Barclays started coverage on Unilever in a research note on Tuesday, April 9th. They set an “underweight” rating on the stock. Finally, DZ Bank downgraded Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. Four analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $66.50.
NYSE:UN traded up $0.12 during mid-day trading on Wednesday, reaching $56.81. 215,150 shares of the stock were exchanged, compared to its average volume of 926,002. The company has a 50 day moving average of $60.23. The firm has a market capitalization of $97.21 billion, a PE ratio of 20.52, a P/E/G ratio of 2.50 and a beta of 0.52. Unilever NV has a 1 year low of $52.08 and a 1 year high of $62.40.
Unilever N.V. operates in the fast-moving consumer goods industry worldwide. It operates in three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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