Unilever NV (UN) Holdings Trimmed by Cypress Asset Management Inc. TX

Cypress Asset Management Inc. TX trimmed its position in Unilever NV (NYSE:UN) by 5.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,300 shares of the company’s stock after selling 1,290 shares during the period. Cypress Asset Management Inc. TX’s holdings in Unilever were worth $1,350,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Hartford Financial Management Inc. acquired a new stake in shares of Unilever during the second quarter worth $104,000. First PREMIER Bank acquired a new stake in shares of Unilever during the second quarter worth $113,000. Wedbush Securities Inc. acquired a new stake in shares of Unilever during the second quarter worth $202,000. 180 Wealth Advisors LLC acquired a new stake in shares of Unilever during the second quarter worth $203,000. Finally, Ancora Advisors LLC acquired a new stake in shares of Unilever during the first quarter worth $205,000. Institutional investors own 8.36% of the company’s stock.

Shares of Unilever stock traded up $1.90 during trading on Friday, hitting $54.60. 402,989 shares of the company’s stock were exchanged, compared to its average volume of 1,233,898. Unilever NV has a 52-week low of $51.56 and a 52-week high of $58.76. The stock has a market cap of $92.10 billion, a PE ratio of 21.68, a price-to-earnings-growth ratio of 3.33 and a beta of 0.83.

Unilever (NYSE:UN) last issued its earnings results on Thursday, July 19th. The company reported $1.33 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.33. On average, analysts predict that Unilever NV will post 2.63 earnings per share for the current fiscal year.

Several research firms have recently commented on UN. Zacks Investment Research reiterated a “hold” rating on shares of Unilever in a research note on Saturday, June 30th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a research note on Monday, July 16th. Jefferies Financial Group downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, October 2nd. Deutsche Bank reiterated a “buy” rating on shares of Unilever in a research note on Friday, July 20th. Finally, Argus raised their target price on shares of Unilever to $65.00 and gave the stock an “average” rating in a report on Tuesday, August 21st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $65.00.

Unilever Profile

Unilever N.V. operates in the fast-moving consumer goods industry worldwide. The company operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skincare and haircare products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, Vaseline, Dermalogica, Murad, Dollar Shave Club, Zest & Camay, and Seventh Generation brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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