Unilever NV (UN) Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its stake in shares of Unilever NV (NYSE:UN) by 2.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 784,952 shares of the company’s stock after buying an additional 19,524 shares during the quarter. Bank of New York Mellon Corp’s holdings in Unilever were worth $46,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Northwest Quadrant Wealth Management LLC boosted its position in shares of Unilever by 0.6% during the 2nd quarter. Northwest Quadrant Wealth Management LLC now owns 4,726 shares of the company’s stock valued at $277,000 after acquiring an additional 26 shares during the last quarter. iAB Financial Bank boosted its position in shares of Unilever by 0.7% during the 2nd quarter. iAB Financial Bank now owns 6,850 shares of the company’s stock valued at $379,000 after acquiring an additional 50 shares during the last quarter. Proficio Capital Partners LLC boosted its position in shares of Unilever by 2.5% during the 2nd quarter. Proficio Capital Partners LLC now owns 2,713 shares of the company’s stock valued at $157,000 after acquiring an additional 66 shares during the last quarter. BTC Capital Management Inc. boosted its position in shares of Unilever by 0.4% during the 2nd quarter. BTC Capital Management Inc. now owns 18,402 shares of the company’s stock valued at $1,018,000 after acquiring an additional 66 shares during the last quarter. Finally, Omnia Family Wealth LLC lifted its position in Unilever by 1.4% in the second quarter. Omnia Family Wealth LLC now owns 5,205 shares of the company’s stock worth $288,000 after buying an additional 70 shares during the last quarter. 8.69% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently issued reports on the company. J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever in a research report on Thursday, September 7th. BidaskClub upgraded Unilever from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. Zacks Investment Research downgraded Unilever from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Finally, Royal Bank Of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $66.00.

Shares of Unilever NV (UN) traded up $0.16 on Tuesday, reaching $57.36. The company had a trading volume of 1,154,000 shares, compared to its average volume of 2,067,283. Unilever NV has a 12 month low of $39.22 and a 12 month high of $61.62.

The business also recently declared a dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 3rd will be given a $0.422 dividend. The ex-dividend date of this dividend is Thursday, November 2nd. This is an increase from Unilever’s previous dividend of $0.30. Unilever’s dividend payout ratio (DPR) is currently 70.12%.

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Unilever 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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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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