Ronna Sue Cohen Sells 2,080 Shares of Unilever NV (UN)
Ronna Sue Cohen cut its stake in Unilever NV (NYSE:UN) by 4.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,140 shares of the company’s stock after selling 2,080 shares during the period. Unilever NV comprises approximately 2.3% of Ronna Sue Cohen’s holdings, making the stock its 15th largest holding. Ronna Sue Cohen’s holdings in Unilever NV were worth $2,960,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Pinnacle Financial Partners Inc. acquired a new position in shares of Unilever NV in the 2nd quarter worth approximately $127,000. Proficio Capital Partners LLC raised its holdings in shares of 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 buying an additional 2,208 shares in the last quarter. Bollard Group LLC raised its holdings in shares of 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 buying an additional 487 shares in the last quarter. Bath Savings Trust Co acquired a new position in shares of Unilever NV in the 3rd quarter worth approximately $207,000. Finally, Park National Corp OH acquired a new position in shares of Unilever NV in the 2nd quarter worth approximately $200,000. 8.97% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut Unilever NV from a “buy” rating to a “hold” rating in a report on Friday, October 6th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever NV in a report on Thursday, September 7th. BidaskClub raised Unilever NV from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. Royal Bank Of Canada cut Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday, August 10th. Finally, UBS AG reissued a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $66.00.
Unilever NV (NYSE UN) traded down 0.55% during midday trading on Monday, reaching $56.01. The company had a trading volume of 743,067 shares. Unilever NV has a 12 month low of $38.41 and a 12 month high of $61.62. The stock has a market cap of $157.53 billion, a P/E ratio of 22.96 and a beta of 0.89. The firm has a 50-day moving average of $59.56 and a 200-day moving average of $56.58.
About Unilever NV
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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