Mar Vista Investment Partners LLC Sells 21,113 Shares of Unilever NV (UN)

Mar Vista Investment Partners LLC lowered its holdings in shares of Unilever NV (NYSE:UN) by 1.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 2,090,670 shares of the company’s stock after selling 21,113 shares during the period. Unilever NV accounts for approximately 5.1% of Mar Vista Investment Partners LLC’s holdings, making the stock its 5th largest position. Mar Vista Investment Partners LLC owned about 0.12% of Unilever NV worth $123,433,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in shares of Unilever NV by 33.1% during the first quarter. Geode Capital Management LLC now owns 18,800 shares of the company’s stock worth $933,000 after acquiring an additional 4,676 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Unilever NV by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 743,901 shares of the company’s stock worth $36,957,000 after acquiring an additional 13,814 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Unilever NV by 19.9% during the second quarter. Fisher Asset Management LLC now owns 32,544 shares of the company’s stock worth $1,799,000 after acquiring an additional 5,411 shares during the period. Grimes & Company Inc. bought a new stake in shares of Unilever NV during the second quarter worth approximately $209,000. Finally, Jarislowsky Fraser Ltd boosted its holdings in shares of Unilever NV by 16.7% during the second quarter. Jarislowsky Fraser Ltd now owns 276,617 shares of the company’s stock worth $15,288,000 after acquiring an additional 39,652 shares during the period. Institutional investors and hedge funds own 9.03% of the company’s stock.

A number of equities research analysts have recently weighed in on UN shares. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Unilever NV in a research report on Thursday, September 7th. Zacks Investment Research downgraded shares of Unilever NV from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. BidaskClub upgraded shares of Unilever NV from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. Finally, Royal Bank Of Canada downgraded shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 10th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $66.00.

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Shares of Unilever NV (NYSE:UN) traded down $0.37 on Thursday, reaching $56.71. 1,203,100 shares of the company’s stock traded hands, compared to its average volume of 2,117,263. Unilever NV has a 1-year low of $38.41 and a 1-year high of $61.62.

The company also recently disclosed a dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 3rd will be given a dividend of $0.422 per share. This is an increase from Unilever NV’s previous dividend of $0.30. The ex-dividend date is Thursday, November 2nd. Unilever NV’s payout ratio is currently 70.71%.

About Unilever NV

Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Institutional Ownership by Quarter for Unilever NV (NYSE:UN)

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