Zevin Asset Management LLC Grows Stock Holdings in Unilever NV (NYSE:UN)

Zevin Asset Management LLC raised its position in shares of Unilever NV (NYSE:UN) by 3.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,728 shares of the company’s stock after purchasing an additional 228 shares during the period. Zevin Asset Management LLC’s holdings in Unilever were worth $464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UN. Tweedy Browne Co LLC grew its stake in shares of Unilever by 538.7% during the third quarter. Tweedy Browne Co LLC now owns 3,574,701 shares of the company’s stock valued at $214,927,000 after buying an additional 3,015,030 shares during the last quarter. Coho Partners Ltd. bought a new position in shares of Unilever during the third quarter valued at about $130,766,000. BlackRock Inc. grew its stake in shares of Unilever by 31.2% during the second quarter. BlackRock Inc. now owns 6,149,176 shares of the company’s stock valued at $373,378,000 after buying an additional 1,463,294 shares during the last quarter. Schafer Cullen Capital Management Inc grew its stake in shares of Unilever by 20.8% during the second quarter. Schafer Cullen Capital Management Inc now owns 3,461,084 shares of the company’s stock valued at $209,534,000 after buying an additional 595,393 shares during the last quarter. Finally, Thoroughbred Financial Services LLC grew its stake in shares of Unilever by 5,972.0% during the second quarter. Thoroughbred Financial Services LLC now owns 331,227 shares of the company’s stock valued at $33,123,000 after buying an additional 325,772 shares during the last quarter. Institutional investors and hedge funds own 7.85% of the company’s stock.

Shares of NYSE UN traded up $0.67 during trading hours on Friday, hitting $60.16. The company’s stock had a trading volume of 1,258,986 shares, compared to its average volume of 1,207,785. The stock has a market cap of $100.89 billion, a price-to-earnings ratio of 21.72, a P/E/G ratio of 2.53 and a beta of 0.48. Unilever NV has a 12 month low of $52.08 and a 12 month high of $63.62. The business has a 50-day simple moving average of $59.47 and a 200-day simple moving average of $60.06.

A number of brokerages have recently issued reports on UN. Morgan Stanley cut Unilever from an “in-line” rating to an “underweight” rating in a research note on Wednesday, September 18th. Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 3rd. Redburn Partners reaffirmed a “sell” rating on shares of Unilever in a research note on Friday, October 11th. Finally, Zacks Investment Research cut Unilever from a “hold” rating to a “sell” rating in a research note on Saturday. Six analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $68.00.

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: Why investors pay attention to retained earnings

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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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