State Farm Mutual Automobile Insurance Co. maintained its stake in Unilever NV (NYSE:UN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,527,071 shares of the company’s stock at the close of the second quarter. State Farm Mutual Automobile Insurance Co. owned about 0.30% of Unilever NV worth $471,290,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in UN. Pinnacle Financial Partners Inc. bought a new position in Unilever NV in the 2nd quarter worth approximately $127,000. Proficio Capital Partners LLC boosted its stake in Unilever NV by 503.0% in the 1st quarter. Proficio Capital Partners LLC now owns 2,647 shares of the company’s stock worth $148,000 after purchasing an additional 2,208 shares during the period. SRS Capital Advisors Inc. boosted its stake in Unilever NV by 10.9% in the 1st quarter. SRS Capital Advisors Inc. now owns 2,694 shares of the company’s stock worth $133,000 after purchasing an additional 264 shares during the period. Bollard Group LLC boosted its stake in Unilever NV by 16.2% in the 2nd quarter. Bollard Group LLC now owns 3,485 shares of the company’s stock worth $193,000 after purchasing an additional 487 shares during the period. Finally, Park National Corp OH bought a new position in Unilever NV in the 2nd quarter worth approximately $200,000. Institutional investors own 8.97% of the company’s stock.
UN has been the subject of several recent analyst reports. Royal Bank Of Canada downgraded Unilever NV from a “sector perform” rating to an “underperform” rating in a research note on Thursday, August 10th. Zacks Investment Research raised Unilever NV from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a report on Tuesday, June 6th. BidaskClub cut Unilever NV from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 10th. UBS AG reaffirmed a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever NV in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Unilever NV currently has an average rating of “Buy” and an average target price of $65.00.
Shares of Unilever NV (NYSE UN) opened at 58.61 on Friday. Unilever NV has a 12-month low of $38.41 and a 12-month high of $60.90. The stock has a market cap of $164.84 billion, a price-to-earnings ratio of 24.14 and a beta of 0.90. The company’s 50-day moving average price is $59.20 and its 200 day moving average price is $55.04.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Stockholders of record on Friday, August 4th were issued a dividend of $0.352 per share. This represents a $1.41 annualized dividend and a dividend yield of 2.40%. The ex-dividend date was Wednesday, August 2nd.
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Unilever NV Company 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.
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