Wellington Management Group LLP cut its position in Unilever (NYSE:UN) by 0.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 877,236 shares of the company’s stock after selling 5,738 shares during the period. Wellington Management Group LLP’s holdings in Unilever were worth $39,195,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its position in Unilever by 9.6% in the first quarter. Fisher Asset Management LLC now owns 6,350 shares of the company’s stock worth $290,000 after buying an additional 556 shares in the last quarter. Davis R M Inc. boosted its position in Unilever by 16.9% in the first quarter. Davis R M Inc. now owns 6,934 shares of the company’s stock worth $310,000 after buying an additional 1,000 shares in the last quarter. IFP Advisors Inc boosted its position in Unilever by 11.3% in the first quarter. IFP Advisors Inc now owns 7,860 shares of the company’s stock worth $351,000 after buying an additional 795 shares in the last quarter. IMS Capital Management boosted its position in Unilever by 5.0% in the first quarter. IMS Capital Management now owns 8,430 shares of the company’s stock worth $377,000 after buying an additional 400 shares in the last quarter. Finally, Cypress Wealth Advisors LLC boosted its position in Unilever by 2.2% in the first quarter. Cypress Wealth Advisors LLC now owns 9,136 shares of the company’s stock worth $408,000 after buying an additional 200 shares in the last quarter.
Unilever (NYSE:UN) traded up 0.28% during midday trading on Tuesday, hitting $46.01. 1,860,332 shares of the stock traded hands. Unilever has a 12-month low of $37.92 and a 12-month high of $47.30. The company’s 50-day moving average is $45.46 and its 200 day moving average is $44.28. The firm has a market cap of $130.62 billion and a P/E ratio of 24.25.
A number of equities analysts recently commented on UN shares. Zacks Investment Research raised shares of Unilever from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research note on Wednesday, April 6th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Unilever in a research note on Friday, April 22nd. Numis Securities Ltd reaffirmed a “hold” rating on shares of Unilever in a research note on Monday, April 18th. Morgan Stanley reaffirmed a “neutral” rating on shares of Unilever in a research note on Wednesday, April 6th. Finally, RBC Capital Markets cut shares of Unilever from an “outperform” rating to a “sector perform” rating in a research note on Friday. Three analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $40.50.
Unilever N.V. is a fast moving consumer goods company. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. Its Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. Its Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads.
