Comerica Bank grew its stake in Unilever NV (NYSE:UN) by 2.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 102,566 shares of the company’s stock after buying an additional 2,932 shares during the period. Comerica Bank’s holdings in Unilever NV were worth $5,839,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of UN. Pinnacle Financial Partners Inc. acquired a new stake in Unilever NV during the second quarter worth approximately $127,000. Proficio Capital Partners LLC grew its stake in Unilever NV by 2.5% during the second quarter. Proficio Capital Partners LLC now owns 2,713 shares of the company’s stock worth $157,000 after purchasing an additional 66 shares during the period. Spears Abacus Advisors LLC acquired a new stake in Unilever NV during the second quarter worth approximately $202,000. Grove Bank & Trust grew its stake in Unilever NV by 47.1% during the second quarter. Grove Bank & Trust now owns 3,685 shares of the company’s stock worth $204,000 after purchasing an additional 1,180 shares during the period. Finally, Bath Savings Trust Co acquired a new stake in Unilever NV during the third quarter worth approximately $207,000. 8.85% of the stock is owned by institutional investors.
Several equities research analysts recently commented on the company. Zacks Investment Research cut Unilever NV from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever NV in a research note on Thursday, September 7th. BidaskClub raised Unilever NV from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 12th. Finally, Royal Bank Of Canada cut Unilever NV from a “sector perform” rating to an “underperform” rating in a research note on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $66.00.
Shares of Unilever NV (NYSE UN) opened at $57.16 on Wednesday. Unilever NV has a one year low of $38.41 and a one year high of $61.62.
The company also recently disclosed a dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 3rd will be paid a $0.422 dividend. The ex-dividend date of this dividend is Thursday, November 2nd. This is a boost from Unilever NV’s previous dividend of $0.30.
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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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