Columbia Partners L L C Investment Management Reduces Position in Unilever NV (UN)

Columbia Partners L L C Investment Management reduced its position in shares of Unilever NV (NYSE:UN) by 5.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 99,670 shares of the company’s stock after selling 5,884 shares during the quarter. Columbia Partners L L C Investment Management’s holdings in Unilever NV were worth $5,884,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in shares of Unilever NV by 33.1% in the first quarter. Geode Capital Management LLC now owns 18,800 shares of the company’s stock worth $933,000 after purchasing an additional 4,676 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Unilever NV by 1.9% in the first quarter. Dimensional Fund Advisors LP now owns 743,901 shares of the company’s stock worth $36,957,000 after purchasing an additional 13,814 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Unilever NV by 19.9% in the second quarter. Fisher Asset Management LLC now owns 32,544 shares of the company’s stock worth $1,799,000 after purchasing an additional 5,411 shares during the last quarter. Highland Capital Management LLC raised its stake in shares of Unilever NV by 5.5% in the second quarter. Highland Capital Management LLC now owns 42,667 shares of the company’s stock worth $2,358,000 after purchasing an additional 2,220 shares during the last quarter. Finally, Anderson Hoagland & Co. raised its stake in shares of Unilever NV by 45.7% in the second quarter. Anderson Hoagland & Co. now owns 29,458 shares of the company’s stock worth $1,628,000 after purchasing an additional 9,243 shares during the last quarter. 9.03% of the stock is currently owned by institutional investors and hedge funds.

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Unilever NV (UN) traded up $0.25 during mid-day trading on Friday, hitting $56.96. The stock had a trading volume of 1,452,000 shares, compared to its average volume of 2,114,266. Unilever NV has a 52 week low of $38.41 and a 52 week high of $61.62.

The firm also recently announced a dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be issued a $0.422 dividend. The ex-dividend date is Thursday, November 2nd. This is a positive change from Unilever NV’s previous dividend of $0.30.

Several analysts have recently commented on the company. Zacks Investment Research downgraded Unilever NV from a “hold” rating to a “sell” rating in a research note on Wednesday. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever NV in a research note on Thursday, September 7th. BidaskClub raised Unilever NV from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 12th. Finally, Royal Bank Of Canada downgraded Unilever NV from a “sector perform” rating to an “underperform” rating in a research note on Thursday, August 10th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Unilever NV presently has an average rating of “Hold” and a consensus price target of $66.00.

Unilever NV Profile

Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Institutional Ownership by Quarter for Unilever NV (NYSE:UN)

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