Keybank National Association OH lowered its position in shares of Unilever N.V. (NYSE:UL) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,337 shares of the company’s stock after selling 828 shares during the quarter. Keybank National Association OH’s holdings in Unilever were worth $2,364,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in UL. Thoroughbred Financial Services LLC lifted its position in Unilever by 5,957.8% during the second quarter. Thoroughbred Financial Services LLC now owns 1,218,640 shares of the company’s stock valued at $121,864,000 after buying an additional 1,198,523 shares during the period. Jane Street Group LLC raised its position in shares of Unilever by 807.1% in the 2nd quarter. Jane Street Group LLC now owns 642,423 shares of the company’s stock worth $39,923,000 after purchasing an additional 571,602 shares during the last quarter. Foundry Partners LLC purchased a new position in shares of Unilever in the 3rd quarter worth about $8,808,000. Gabalex Capital Management LLC purchased a new position in shares of Unilever in the 2nd quarter worth about $7,746,000. Finally, SG Americas Securities LLC purchased a new position in shares of Unilever in the 2nd quarter worth about $5,565,000. 7.05% of the stock is owned by institutional investors and hedge funds.
NYSE:UL traded up $0.29 during mid-day trading on Friday, reaching $59.96. The company’s stock had a trading volume of 683,523 shares, compared to its average volume of 826,136. Unilever N.V. has a 12-month low of $50.80 and a 12-month high of $64.84. The firm’s fifty day moving average price is $59.70 and its two-hundred day moving average price is $61.04. The stock has a market cap of $69.46 billion, a P/E ratio of 21.65, a PEG ratio of 2.44 and a beta of 0.52.
Several equities analysts have recently issued reports on the company. Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 3rd. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a research report on Saturday, September 21st. Finally, Barclays reaffirmed a “sell” rating on shares of Unilever in a research report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $66.00.
Unilever Company Profile
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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