Keybank National Association OH cut its holdings in Unilever N.V. (NYSE:UL) by 2.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,337 shares of the company’s stock after selling 828 shares during the period. Keybank National Association OH’s holdings in Unilever were worth $2,364,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. CX Institutional purchased a new position in Unilever in the 2nd quarter worth approximately $25,000. Ropes Wealth Advisors LLC purchased a new stake in shares of Unilever during the 2nd quarter worth approximately $26,000. Golden State Wealth Management LLC raised its holdings in shares of Unilever by 1,132.5% during the 3rd quarter. Golden State Wealth Management LLC now owns 493 shares of the company’s stock worth $30,000 after acquiring an additional 453 shares in the last quarter. Lenox Wealth Management Inc. raised its holdings in shares of Unilever by 225.3% during the 2nd quarter. Lenox Wealth Management Inc. now owns 566 shares of the company’s stock worth $35,000 after acquiring an additional 392 shares in the last quarter. Finally, Atwater Malick LLC purchased a new stake in shares of Unilever during the 3rd quarter worth approximately $35,000. 7.05% of the stock is currently owned by institutional investors.
Several analysts have recently issued reports on the company. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a report on Saturday, September 21st. Barclays reaffirmed a “sell” rating on shares of Unilever in a report on Tuesday, September 10th. Finally, Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a report on Tuesday, September 3rd. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Unilever currently has a consensus rating of “Hold” and an average target price of $66.00.
Shares of UL traded up $0.29 during mid-day trading on Friday, hitting $59.96. 683,523 shares of the stock were exchanged, compared to its average volume of 826,136. The company has a market cap of $69.46 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 2.44 and a beta of 0.52. Unilever N.V. has a 52-week low of $50.80 and a 52-week high of $64.84. The firm has a 50-day moving average of $59.70 and a two-hundred day moving average of $61.04.
Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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