Coastline Trust Co trimmed its position in shares of Unilever NV (NYSE:UN) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,320 shares of the company’s stock after selling 1,250 shares during the quarter. Coastline Trust Co’s holdings in Unilever were worth $536,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. lifted its position in shares of Unilever by 31.2% in the second quarter. BlackRock Inc. now owns 6,149,176 shares of the company’s stock valued at $373,378,000 after acquiring an additional 1,463,294 shares in the last quarter. Tweedy Browne Co LLC lifted its position in shares of Unilever by 538.7% in the third quarter. Tweedy Browne Co LLC now owns 3,574,701 shares of the company’s stock valued at $214,927,000 after acquiring an additional 3,015,030 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of Unilever by 11.4% in the third quarter. Parametric Portfolio Associates LLC now owns 2,873,674 shares of the company’s stock valued at $172,507,000 after acquiring an additional 292,943 shares in the last quarter. Coho Partners Ltd. purchased a new stake in shares of Unilever in the third quarter valued at $130,766,000. Finally, Royal Bank of Canada lifted its position in shares of Unilever by 1.4% in the second quarter. Royal Bank of Canada now owns 1,165,321 shares of the company’s stock valued at $70,759,000 after acquiring an additional 16,516 shares in the last quarter. Institutional investors own 8.22% of the company’s stock.
Several analysts have recently issued reports on the company. Liberum Capital upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. Zacks Investment Research downgraded Unilever from a “hold” rating to a “sell” rating in a research report on Saturday, January 11th. Redburn Partners reiterated a “sell” rating on shares of Unilever in a research report on Friday, October 11th. Jefferies Financial Group upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Finally, HSBC downgraded Unilever from a “hold” rating to a “reduce” rating in a research report on Tuesday, January 7th. Five research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $68.00.NYSE UN traded down $0.29 during trading hours on Friday, hitting $59.67. 981,374 shares of the company’s stock were exchanged, compared to its average volume of 1,612,953. The business’s 50 day moving average is $57.26 and its 200-day moving average is $58.97. Unilever NV has a 12-month low of $53.31 and a 12-month high of $63.62. The firm has a market capitalization of $102.82 billion, a P/E ratio of 21.54, a price-to-earnings-growth ratio of 2.73 and a beta of 0.50. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.58 and a current ratio of 0.78.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Friday, February 21st will be given a dividend of $0.452 per share. The ex-dividend date is Thursday, February 20th. This represents a $1.81 annualized dividend and a yield of 3.03%. Unilever’s dividend payout ratio (DPR) is presently 55.60%.
Unilever Company Profile
Unilever N.V. operates in the fast-moving consumer goods industry worldwide. It operates in three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
