Chatham Capital Group Inc. continued to hold its stake in Unilever NV (NYSE:UN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,000 shares of the company’s stock at the end of the second quarter. Chatham Capital Group Inc.’s holdings in Unilever NV were worth $235,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Ledyard National Bank raised its stake in Unilever NV by 88.5% in the second quarter. Ledyard National Bank now owns 3,547 shares of the company’s stock valued at $166,000 after buying an additional 1,665 shares in the last quarter. Physicians Financial Services Inc. raised its stake in Unilever NV by 13.4% in the second quarter. Physicians Financial Services Inc. now owns 3,729 shares of the company’s stock valued at $175,000 after buying an additional 440 shares in the last quarter. Grimes & Company Inc. acquired a new stake in Unilever NV during the second quarter valued at about $201,000. Pennsylvania Trust Co acquired a new stake in Unilever NV during the second quarter valued at about $230,000. Finally, Bayesian Capital Management LP acquired a new stake in Unilever NV during the first quarter valued at about $242,000. Institutional investors and hedge funds own 6.60% of the company’s stock.
Shares of Unilever NV (NYSE:UN) traded up 0.86% during midday trading on Tuesday, reaching $43.16. The company had a trading volume of 1,682,562 shares. The company has a 50 day moving average price of $45.73 and a 200-day moving average price of $45.42. The firm has a market capitalization of $122.52 billion, a P/E ratio of 22.40 and a beta of 0.82. Unilever NV has a one year low of $40.03 and a one year high of $48.00.
The company also recently announced a dividend, which will be paid on Wednesday, December 7th. Shareholders of record on Friday, October 28th will be given a dividend of $0.301 per share. The ex-dividend date of this dividend is Wednesday, October 26th.
UN has been the topic of several research analyst reports. JPMorgan Chase & Co. restated a “buy” rating on shares of Unilever NV in a research note on Thursday, September 22nd. Zacks Investment Research raised Unilever NV from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research report on Tuesday, September 20th. Citigroup Inc. raised Unilever NV from a “neutral” rating to a “buy” rating in a research report on Wednesday, August 31st. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Unilever NV in a research report on Monday, August 22nd. Finally, RBC Capital Markets downgraded Unilever NV from an “outperform” rating to a “sector perform” rating in a research report on Friday, July 22nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $41.00.
Unilever NV Company Profile
Unilever N.V. is a fast moving consumer goods company. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. Its Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. Its Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads.
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