Walter & Keenan Financial Consulting Co. MI ADV cut its stake in shares of UNILEVER N.V. Common Stock (NYSE:UL) by 20.7% during the second quarter, HoldingsChannel reports. The firm owned 5,499 shares of the company’s stock after selling 1,432 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV’s holdings in UNILEVER N.V. Common Stock were worth $305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in UL. Summit Trail Advisors LLC grew its position in UNILEVER N.V. Common Stock by 5,615.0% during the first quarter. Summit Trail Advisors LLC now owns 1,502,188 shares of the company’s stock valued at $1,502,000 after purchasing an additional 1,475,903 shares in the last quarter. Royal Bank of Canada grew its position in UNILEVER N.V. Common Stock by 87.8% in the first quarter. Royal Bank of Canada now owns 2,930,043 shares of the company’s stock worth $162,791,000 after acquiring an additional 1,369,596 shares in the last quarter. Fiera Capital Corp grew its position in UNILEVER N.V. Common Stock by 20,022.2% in the second quarter. Fiera Capital Corp now owns 774,706 shares of the company’s stock worth $42,826,000 after acquiring an additional 770,856 shares in the last quarter. JPMorgan Chase & Co. grew its position in UNILEVER N.V. Common Stock by 1,623.7% in the first quarter. JPMorgan Chase & Co. now owns 679,080 shares of the company’s stock worth $37,731,000 after acquiring an additional 639,683 shares in the last quarter. Finally, Sabal Trust CO bought a new stake in UNILEVER N.V. Common Stock in the second quarter worth approximately $23,033,000. 7.06% of the stock is currently owned by hedge funds and other institutional investors.

UL stock traded up $0.04 during trading hours on Tuesday, hitting $56.75. The company’s stock had a trading volume of 12,762 shares, compared to its average volume of 615,838. The company has a market capitalization of $69.41 billion, a price-to-earnings ratio of 22.46, a P/E/G ratio of 3.07 and a beta of 0.83. UNILEVER N.V. Common Stock has a 12 month low of $50.74 and a 12 month high of $60.13.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 5th. Shareholders of record on Friday, August 3rd will be given a $0.4531 dividend. This represents a $1.81 annualized dividend and a yield of 3.19%. This is an increase from UNILEVER N.V. Common Stock’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, August 2nd. UNILEVER N.V. Common Stock’s payout ratio is currently 70.75%.

Several analysts have commented on UL shares. Zacks Investment Research raised shares of UNILEVER N.V. Common Stock from a “sell” rating to a “hold” rating in a research report on Tuesday, June 19th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of UNILEVER N.V. Common Stock in a research report on Monday, July 16th.

UNILEVER N.V. Common Stock Profile

Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.

See Also: Asset Allocation

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Institutional Ownership by Quarter for UNILEVER N.V. Common Stock (NYSE:UL)

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