Parametric Portfolio Associates LLC Acquires 117,886 Shares of Unilever NV (NYSE:UN)

Parametric Portfolio Associates LLC lifted its holdings in Unilever NV (NYSE:UN) by 4.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,580,731 shares of the company’s stock after purchasing an additional 117,886 shares during the period. Parametric Portfolio Associates LLC owned 0.15% of Unilever worth $156,702,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in UN. Rehmann Capital Advisory Group lifted its position in Unilever by 72.8% during the 1st quarter. Rehmann Capital Advisory Group now owns 615 shares of the company’s stock worth $36,000 after acquiring an additional 259 shares during the last quarter. Rational Advisors LLC raised its stake in shares of Unilever by 587.4% in the 2nd quarter. Rational Advisors LLC now owns 653 shares of the company’s stock valued at $40,000 after purchasing an additional 558 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in shares of Unilever by 56.4% in the second quarter. Cullen Frost Bankers Inc. now owns 965 shares of the company’s stock valued at $58,000 after purchasing an additional 348 shares in the last quarter. Citizens Financial Group Inc RI boosted its position in shares of Unilever by 64.0% during the first quarter. Citizens Financial Group Inc RI now owns 1,099 shares of the company’s stock worth $64,000 after buying an additional 429 shares during the period. Finally, Bremer Bank National Association acquired a new position in shares of Unilever during the first quarter worth about $71,000. 7.72% of the stock is owned by institutional investors and hedge funds.

Unilever stock traded up $0.02 during mid-day trading on Wednesday, reaching $60.40. The company’s stock had a trading volume of 141,176 shares, compared to its average volume of 1,365,003. Unilever NV has a 12 month low of $52.08 and a 12 month high of $63.62. The business’s 50 day simple moving average is $59.70 and its 200 day simple moving average is $59.23. The company has a market capitalization of $105.51 billion, a price-to-earnings ratio of 21.77, a price-to-earnings-growth ratio of 2.68 and a beta of 0.49.

UN has been the topic of several research reports. Goldman Sachs Group upgraded Unilever from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 3rd. Zacks Investment Research reaffirmed a “sell” rating on shares of Unilever in a research report on Saturday. Four analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $68.00.

Unilever 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.

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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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