Zevin Asset Management LLC lessened its stake in Unilever N.V. (NYSE:UL) by 0.7% in the 3rd quarter, Holdings Channel reports. The firm owned 263,782 shares of the company’s stock after selling 1,974 shares during the period. Unilever comprises about 5.1% of Zevin Asset Management LLC’s portfolio, making the stock its 3rd largest holding. Zevin Asset Management LLC’s holdings in Unilever were worth $15,853,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. CX Institutional acquired a new stake in Unilever in the 2nd quarter valued at approximately $25,000. Ropes Wealth Advisors LLC purchased a new position in Unilever in the 2nd quarter valued at approximately $26,000. Golden State Wealth Management LLC boosted its position in Unilever by 1,132.5% in the 3rd quarter. Golden State Wealth Management LLC now owns 493 shares of the company’s stock valued at $30,000 after buying an additional 453 shares during the period. Lenox Wealth Management Inc. boosted its position in Unilever by 225.3% in the 2nd quarter. Lenox Wealth Management Inc. now owns 566 shares of the company’s stock valued at $35,000 after buying an additional 392 shares during the period. Finally, Atwater Malick LLC purchased a new position in Unilever in the 3rd quarter valued at approximately $35,000. Hedge funds and other institutional investors own 7.05% of the company’s stock.
UL stock traded up $0.29 during midday trading on Friday, hitting $59.96. The company’s stock had a trading volume of 683,523 shares, compared to its average volume of 826,136. Unilever N.V. has a 52-week low of $50.80 and a 52-week high of $64.84. The firm has a market capitalization of $69.46 billion, a P/E ratio of 21.65, a PEG ratio of 2.44 and a beta of 0.52. The firm has a 50-day simple moving average of $59.70 and a 200-day simple moving average of $61.04.
Several equities analysts have commented on the stock. Goldman Sachs Group raised shares of Unilever from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 3rd. Barclays reissued a “sell” rating on shares of Unilever in a research report on Tuesday, September 10th. Finally, Zacks Investment Research raised shares of Unilever from a “sell” rating to a “hold” rating in a research report on Saturday, September 21st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. Unilever has a consensus rating of “Hold” and an average target price of $66.00.
Unilever Company Profile
Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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