Delta Capital Management LLC purchased a new position in Unilever NV (NYSE:UN) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 48,500 shares of the company’s stock, valued at approximately $2,911,000. Unilever makes up about 2.0% of Delta Capital Management LLC’s holdings, making the stock its 29th biggest position.
Several other institutional investors also recently bought and sold shares of the stock. We Are One Seven LLC boosted its stake in Unilever by 0.8% during the 3rd quarter. We Are One Seven LLC now owns 20,095 shares of the company’s stock valued at $1,206,000 after purchasing an additional 169 shares during the last quarter. Perennial Advisors LLC boosted its stake in Unilever by 0.7% during the 2nd quarter. Perennial Advisors LLC now owns 26,699 shares of the company’s stock valued at $1,621,000 after purchasing an additional 175 shares during the last quarter. GWM Advisors LLC boosted its stake in Unilever by 5.2% during the 2nd quarter. GWM Advisors LLC now owns 3,698 shares of the company’s stock valued at $225,000 after purchasing an additional 183 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in Unilever by 1.9% during the 2nd quarter. Sunbelt Securities Inc. now owns 10,111 shares of the company’s stock valued at $614,000 after purchasing an additional 186 shares during the last quarter. Finally, Benedict Financial Advisors Inc. boosted its stake in Unilever by 1.0% during the 2nd quarter. Benedict Financial Advisors Inc. now owns 20,390 shares of the company’s stock valued at $1,238,000 after purchasing an additional 211 shares during the last quarter. Institutional investors own 7.71% of the company’s stock.
UN has been the topic of several recent analyst reports. Goldman Sachs Group upgraded Unilever from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 3rd. Zacks Investment Research reissued a “sell” rating on shares of Unilever in a report on Saturday, October 5th. Morgan Stanley cut Unilever from an “in-line” rating to an “underweight” rating in a report on Wednesday, September 18th. Finally, Redburn Partners reissued a “sell” rating on shares of Unilever in a report on Friday. Six investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $68.00.
Shares of NYSE UN traded down $0.34 during midday trading on Friday, hitting $59.28. 129,278 shares of the stock traded hands, compared to its average volume of 1,020,084. The firm has a 50-day moving average of $60.63 and a two-hundred day moving average of $59.89. The firm has a market capitalization of $101.63 billion, a P/E ratio of 21.40, a PEG ratio of 2.59 and a beta of 0.47. Unilever NV has a one year low of $52.08 and a one year high of $63.62.
Unilever Company Profile
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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