Parametric Portfolio Associates LLC Has $58.70 Million Stake in Unilever N.V. (NYSE:UL)

Parametric Portfolio Associates LLC grew its holdings in shares of Unilever N.V. (NYSE:UL) by 1.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 947,161 shares of the company’s stock after acquiring an additional 15,977 shares during the quarter. Parametric Portfolio Associates LLC owned 0.08% of Unilever worth $58,696,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of UL. Janus Henderson Group PLC raised its stake in Unilever by 7.5% during the first quarter. Janus Henderson Group PLC now owns 76,588 shares of the company’s stock worth $4,421,000 after acquiring an additional 5,327 shares in the last quarter. Sigma Planning Corp acquired a new position in shares of Unilever in the first quarter valued at approximately $222,000. Cetera Investment Advisers acquired a new position in shares of Unilever in the first quarter valued at approximately $211,000. Interactive Financial Advisors acquired a new position in shares of Unilever in the first quarter valued at approximately $29,000. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of Unilever by 14.3% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 141,714 shares of the company’s stock valued at $8,180,000 after buying an additional 17,721 shares during the period. 7.08% of the stock is owned by hedge funds and other institutional investors.

UL has been the subject of several recent research reports. Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 3rd. Barclays reaffirmed a “sell” rating on shares of Unilever in a research note on Tuesday. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a research note on Friday. Finally, HSBC initiated coverage on Unilever in a research note on Friday, June 28th. They issued a “hold” rating for the company. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. Unilever currently has an average rating of “Hold” and a consensus price target of $66.00.

NYSE:UL traded down $0.53 on Friday, reaching $61.14. 529,591 shares of the stock traded hands, compared to its average volume of 679,481. The firm has a market capitalization of $71.91 billion, a price-to-earnings ratio of 22.07, a price-to-earnings-growth ratio of 2.62 and a beta of 0.53. The company’s 50 day moving average is $61.28 and its 200-day moving average is $60.05. Unilever N.V. has a 1-year low of $50.80 and a 1-year high of $64.84.

About Unilever

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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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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