Cullen Capital Management LLC decreased its holdings in shares of Unilever NV (NYSE:UN) by 23.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,340,444 shares of the company’s stock after selling 402,526 shares during the quarter. Unilever NV comprises about 2.6% of Cullen Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Cullen Capital Management LLC’s holdings in Unilever NV were worth $74,086,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its position in shares of Unilever NV by 416,585.0% during the 1st quarter. BlackRock Inc. now owns 9,167,071 shares of the company’s stock valued at $455,420,000 after acquiring an additional 9,164,871 shares during the last quarter. FMR LLC boosted its position in shares of Unilever NV by 20.4% during the 2nd quarter. FMR LLC now owns 14,213,201 shares of the company’s stock valued at $785,563,000 after acquiring an additional 2,408,645 shares during the last quarter. United States Steel & Carnegie Pension Fund acquired a new position in shares of Unilever NV during the 1st quarter valued at about $42,782,000. Point72 Asset Management L.P. acquired a new position in shares of Unilever NV during the 1st quarter valued at about $32,188,000. Finally, Goldman Sachs Group Inc. boosted its position in shares of Unilever NV by 67.0% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,456,768 shares of the company’s stock valued at $80,515,000 after acquiring an additional 584,455 shares during the last quarter. 8.97% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Unilever NV from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever NV in a research report on Thursday, September 7th. BidaskClub raised shares of Unilever NV from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. Royal Bank Of Canada cut shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 10th. Finally, UBS AG reissued a “neutral” rating on shares of Unilever NV in a research report on Monday, July 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Unilever NV presently has a consensus rating of “Hold” and a consensus target price of $66.00.

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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.

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

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