Unilever NV (NYSE:UN) Shares Sold by Alps Advisors Inc.

Alps Advisors Inc. lowered its stake in Unilever NV (NYSE:UN) by 33.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,038 shares of the company’s stock after selling 4,470 shares during the quarter. Alps Advisors Inc.’s holdings in Unilever were worth $543,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of UN. Baystate Wealth Management LLC purchased a new stake in Unilever during the third quarter worth about $30,000. Rational Advisors LLC increased its stake in Unilever by 587.4% during the second quarter. Rational Advisors LLC now owns 653 shares of the company’s stock worth $40,000 after purchasing an additional 558 shares during the period. Capital Investment Advisory Services LLC increased its stake in Unilever by 216.6% during the third quarter. Capital Investment Advisory Services LLC now owns 782 shares of the company’s stock worth $47,000 after purchasing an additional 535 shares during the period. Rehmann Capital Advisory Group increased its stake in Unilever by 35.6% during the second quarter. Rehmann Capital Advisory Group now owns 834 shares of the company’s stock worth $51,000 after purchasing an additional 219 shares during the period. Finally, Cullen Frost Bankers Inc. increased its stake in Unilever by 56.4% during the second quarter. Cullen Frost Bankers Inc. now owns 965 shares of the company’s stock worth $58,000 after purchasing an additional 348 shares during the period. 8.03% of the stock is currently owned by institutional investors.

UN stock opened at $59.68 on Thursday. The company’s 50 day moving average price is $59.50 and its 200 day moving average price is $60.08. Unilever NV has a fifty-two week low of $52.08 and a fifty-two week high of $63.62. The firm has a market capitalization of $102.42 billion, a price-to-earnings ratio of 21.55, a PEG ratio of 2.59 and a beta of 0.48.

A number of brokerages have issued reports on UN. Zacks Investment Research lowered shares of Unilever from a “hold” rating to a “sell” rating in a research note on Saturday, November 9th. Redburn Partners reiterated a “sell” rating on shares of Unilever in a research note on Friday, October 11th. Morgan Stanley lowered shares of Unilever from an “in-line” rating to an “underweight” rating in a research note on Wednesday, September 18th. Finally, Goldman Sachs Group upgraded shares of Unilever from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 3rd. Six equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. Unilever currently has a consensus rating of “Hold” and an average price target of $68.00.

Unilever Company Profile

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.

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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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