Parsec Financial Management Inc. lifted its position in shares of Unilever N.V. (NYSE:UL) by 4.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 303,414 shares of the company’s stock after acquiring an additional 12,700 shares during the quarter. Parsec Financial Management Inc.’s holdings in Unilever were worth $18,803,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of UL. CX Institutional bought a new stake in Unilever during the second quarter valued at about $25,000. Strategy Asset Managers LLC acquired a new stake in Unilever in the first quarter worth about $25,000. Interactive Financial Advisors acquired a new stake in Unilever in the first quarter worth about $29,000. Lenox Wealth Management Inc. boosted its holdings in Unilever by 225.3% in the second quarter. Lenox Wealth Management Inc. now owns 566 shares of the company’s stock worth $35,000 after acquiring an additional 392 shares in the last quarter. Finally, Pinnacle Bank acquired a new stake in Unilever in the fourth quarter worth about $32,000. 6.99% of the stock is currently owned by institutional investors and hedge funds.
NYSE UL traded down $0.27 during trading on Tuesday, hitting $61.19. The company’s stock had a trading volume of 42,707 shares, compared to its average volume of 521,218. The company has a market capitalization of $71.22 billion, a P/E ratio of 22.09, a PEG ratio of 2.60 and a beta of 0.57. The firm’s 50 day moving average is $62.48. Unilever N.V. has a fifty-two week low of $50.80 and a fifty-two week high of $64.10.
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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