Oppenheimer & Co. Inc. Sells 223 Shares of Unilever NV (NYSE:UN)

Oppenheimer & Co. Inc. trimmed its stake in shares of Unilever NV (NYSE:UN) by 1.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 17,174 shares of the company’s stock after selling 223 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Unilever were worth $987,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Tweedy Browne Co LLC raised its holdings in shares of Unilever by 538.7% during the 3rd quarter. Tweedy Browne Co LLC now owns 3,574,701 shares of the company’s stock worth $214,927,000 after buying an additional 3,015,030 shares in the last quarter. Coho Partners Ltd. acquired a new position in Unilever in the 3rd quarter worth about $130,766,000. BlackRock Inc. increased its holdings in Unilever by 31.2% in the 2nd quarter. BlackRock Inc. now owns 6,149,176 shares of the company’s stock worth $373,378,000 after purchasing an additional 1,463,294 shares in the last quarter. Parametric Portfolio Associates LLC increased its holdings in Unilever by 11.4% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 2,873,674 shares of the company’s stock worth $172,507,000 after purchasing an additional 292,943 shares in the last quarter. Finally, BB&T Securities LLC increased its holdings in Unilever by 585.4% in the 3rd quarter. BB&T Securities LLC now owns 209,430 shares of the company’s stock worth $12,567,000 after purchasing an additional 178,872 shares in the last quarter. Hedge funds and other institutional investors own 8.29% of the company’s stock.

Shares of UN stock traded down $1.69 on Monday, hitting $56.76. The company had a trading volume of 1,224,818 shares, compared to its average volume of 1,440,439. The firm has a market cap of $100.23 billion, a P/E ratio of 20.49, a P/E/G ratio of 2.66 and a beta of 0.50. The stock’s 50-day moving average is $57.83 and its two-hundred day moving average is $59.01. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.58 and a current ratio of 0.78. Unilever NV has a twelve month low of $53.31 and a twelve month high of $63.62.

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 dividend yield of 3.19%. Unilever’s payout ratio is 65.34%.

A number of equities analysts have issued reports on UN shares. Liberum Capital raised Unilever from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a research note on Friday. HSBC cut Unilever from a “hold” rating to a “reduce” rating in a research note on Tuesday, January 7th. Jefferies Financial Group raised Unilever from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Finally, Berenberg Bank cut Unilever to a “hold” rating in a research note on Monday, February 3rd. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. Unilever currently has an average rating of “Hold” and an average price target of $68.00.

About Unilever

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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