Abbrea Capital LLC Acquires 1,225 Shares of Unilever NV (UN)

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Abbrea Capital LLC increased its holdings in Unilever NV (NYSE:UN) by 10.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,105 shares of the company’s stock after buying an additional 1,225 shares during the period. Abbrea Capital LLC’s holdings in Unilever were worth $764,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its stake in Unilever by 0.9% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 21,675 shares of the company’s stock worth $1,166,000 after buying an additional 187 shares in the last quarter. Raymond James Trust N.A. raised its stake in Unilever by 1.6% in the first quarter. Raymond James Trust N.A. now owns 12,300 shares of the company’s stock worth $717,000 after buying an additional 195 shares in the last quarter. CENTRAL TRUST Co raised its stake in Unilever by 1.7% in the first quarter. CENTRAL TRUST Co now owns 12,021 shares of the company’s stock worth $700,000 after buying an additional 200 shares in the last quarter. Berkshire Asset Management LLC PA raised its stake in Unilever by 1.3% in the first quarter. Berkshire Asset Management LLC PA now owns 16,473 shares of the company’s stock worth $960,000 after buying an additional 210 shares in the last quarter. Finally, Perennial Advisors LLC raised its stake in Unilever by 1.0% in the first quarter. Perennial Advisors LLC now owns 26,524 shares of the company’s stock worth $1,546,000 after buying an additional 250 shares in the last quarter. 7.78% of the stock is owned by institutional investors.

Shares of UN stock opened at $60.08 on Tuesday. The firm has a market cap of $103.59 billion, a PE ratio of 21.69, a price-to-earnings-growth ratio of 3.13 and a beta of 0.61. Unilever NV has a 12-month low of $52.08 and a 12-month high of $60.60.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 5th. Investors of record on Friday, May 3rd will be given a $0.4641 dividend. This represents a $1.86 annualized dividend and a dividend yield of 3.09%. This is an increase from Unilever’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Thursday, May 2nd. Unilever’s dividend payout ratio is presently 57.04%.

UN has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Credit Suisse Group raised Unilever from a “neutral” rating to an “outperform” rating in a research report on Friday, May 3rd. DZ Bank downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. Barclays initiated coverage on Unilever in a research report on Tuesday, April 9th. They set an “underweight” rating on the stock. Finally, Societe Generale initiated coverage on Unilever in a research report on Tuesday, January 29th. They set a “sell” rating on the stock. Three research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. Unilever currently has an average rating of “Hold” and an average price target of $63.50.

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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.

Further Reading: Fundamental Analysis – How It Helps Investors

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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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