Unilever Target of Unusually Large Options Trading (NYSE:UN)

Unilever NV (NYSE:UN) was the target of unusually large options trading activity on Friday. Traders acquired 1,699 call options on the stock. This is an increase of approximately 1,616% compared to the typical volume of 99 call options.

Shares of Unilever (NYSE:UN) traded down $0.11 during trading on Thursday, reaching $54.98. 1,277,444 shares of the company’s stock traded hands, compared to its average volume of 1,220,793. Unilever has a 12-month low of $40.06 and a 12-month high of $61.62. The company has a market capitalization of $162,310.00, a PE ratio of 22.72, a PEG ratio of 1.77 and a beta of 0.92.

The firm also recently declared a dividend, which was paid on Wednesday, December 13th. Shareholders of record on Friday, November 3rd were given a $0.422 dividend. The ex-dividend date was Thursday, November 2nd. This is a boost from Unilever’s previous dividend of $0.30. Unilever’s payout ratio is 69.83%.

A number of institutional investors have recently modified their holdings of UN. Geode Capital Management LLC raised its position in Unilever by 33.1% in 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 in the last quarter. Beach Investment Management LLC. bought a new stake in Unilever in the second quarter worth about $5,211,000. First Trust Advisors LP bought a new stake in Unilever in the second quarter worth about $1,503,000. Advisors Asset Management Inc. raised its position in Unilever by 5.9% in the second quarter. Advisors Asset Management Inc. now owns 23,813 shares of the company’s stock worth $1,316,000 after acquiring an additional 1,319 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in Unilever by 271.3% in the second quarter. SG Americas Securities LLC now owns 55,771 shares of the company’s stock worth $3,082,000 after acquiring an additional 40,749 shares in the last quarter. Hedge funds and other institutional investors own 8.67% of the company’s stock.

Several research firms recently weighed in on UN. Zacks Investment Research downgraded shares of Unilever from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Unilever in a report on Monday, December 18th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Unilever has an average rating of “Hold” and an average price target of $66.00.

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Unilever Company Profile

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.

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