Thompson Siegel & Walmsley LLC lowered its stake in shares of Unilever (NYSE:UN) by 4.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 24,440 shares of the company’s stock after selling 1,071 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Unilever were worth $1,378,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. SeaCrest Wealth Management LLC bought a new position in Unilever during the 4th quarter valued at about $113,000. Vestpro Financial Partners Inc. dba CPF Texas bought a new position in Unilever during the 4th quarter valued at about $120,000. Icon Wealth Partners LLC bought a new position in Unilever during the 4th quarter valued at about $182,000. Arthur M. Cohen & Associates LLC bought a new position in Unilever during the 4th quarter valued at about $186,000. Finally, Ledyard National Bank bought a new position in Unilever during the 4th quarter valued at about $192,000. Institutional investors and hedge funds own 8.34% of the company’s stock.
Several research firms have issued reports on UN. ABN Amro upgraded shares of Unilever from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Argus upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, March 23rd. They noted that the move was a valuation call. Zacks Investment Research cut shares of Unilever from a “hold” rating to a “sell” rating in a research note on Friday, April 13th. JPMorgan Chase restated a “neutral” rating on shares of Unilever in a research note on Tuesday, February 27th. Finally, Goldman Sachs upgraded shares of Unilever from a “sell” rating to a “neutral” rating in a research note on Sunday, March 18th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Unilever currently has a consensus rating of “Hold” and an average target price of $66.00.
Unilever opened at $56.35 on Friday, according to MarketBeat Ratings. Unilever has a 52 week low of $51.56 and a 52 week high of $61.62. The stock has a market cap of $95.72 billion, a PE ratio of 22.27, a price-to-earnings-growth ratio of 2.82 and a beta of 0.83.
The firm also recently declared a special dividend, which will be paid on Wednesday, June 6th. Stockholders of record on Friday, May 4th will be given a dividend of $0.4789 per share. The ex-dividend date is Thursday, May 3rd. Unilever’s payout ratio is currently 64.43%.
Unilever N.V. operates in the fast-moving consumer goods industry worldwide. The company operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skincare and haircare products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, Vaseline, Dermalogica, Murad, Dollar Shave Club, Zest & Camay, and Seventh Generation brands.
Want to see what other hedge funds are holding UN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unilever (NYSE:UN).
Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.