Unilever NV (NYSE:UN) – Equities researchers at Jefferies Group upped their FY2017 earnings per share (EPS) estimates for shares of Unilever in a research report issued on Monday, Zacks Investment Research reports. Jefferies Group analyst M. Deboo now anticipates that the company will earn $2.74 per share for the year, up from their prior forecast of $2.69.
UN has been the topic of a number of other research reports. Zacks Investment Research cut Unilever from a “buy” rating to a “hold” rating in a report on Friday, October 6th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Unilever in a report on Monday, December 18th. Investec raised Unilever from a “hold” rating to a “buy” rating in a report on Monday, January 29th. Finally, ABN Amro raised Unilever from a “sell” rating to a “hold” rating in a report on Friday. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $66.00.
Shares of Unilever (NYSE UN) traded down $0.71 during mid-day trading on Thursday, reaching $57.83. The company’s stock had a trading volume of 1,448,160 shares, compared to its average volume of 1,385,618. Unilever has a 12 month low of $40.56 and a 12 month high of $61.62.
Large investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. raised its holdings in Unilever by 7.9% during the third quarter. Russell Investments Group Ltd. now owns 1,464,205 shares of the company’s stock worth $86,430,000 after purchasing an additional 107,496 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Unilever by 67.0% during the second quarter. Goldman Sachs Group Inc. now owns 1,456,768 shares of the company’s stock worth $80,515,000 after purchasing an additional 584,455 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Unilever by 4.2% during the third quarter. Janney Montgomery Scott LLC now owns 275,866 shares of the company’s stock worth $16,287,000 after purchasing an additional 11,029 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in Unilever by 175.6% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 43,587 shares of the company’s stock worth $2,574,000 after purchasing an additional 27,772 shares in the last quarter. Finally, Parametric Portfolio Associates LLC raised its holdings in Unilever by 11.9% during the third quarter. Parametric Portfolio Associates LLC now owns 1,298,881 shares of the company’s stock worth $76,686,000 after purchasing an additional 137,758 shares in the last quarter. 8.67% of the stock is currently owned by hedge funds and other institutional investors.
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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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