Unilever NV (UN) Shares Bought by Greenwood Gearhart Inc.
Greenwood Gearhart Inc. lifted its stake in shares of Unilever NV (NYSE:UN) by 3.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 130,787 shares of the company’s stock after buying an additional 4,129 shares during the quarter. Unilever comprises 2.2% of Greenwood Gearhart Inc.’s portfolio, making the stock its 21st largest position. Greenwood Gearhart Inc.’s holdings in Unilever were worth $7,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of UN. Summit Trail Advisors LLC boosted its stake in Unilever by 5,823.6% during the first quarter. Summit Trail Advisors LLC now owns 1,702,254 shares of the company’s stock worth $1,702,000 after acquiring an additional 1,673,517 shares in the last quarter. BlackRock Inc. boosted its stake in Unilever by 12.4% during the first quarter. BlackRock Inc. now owns 6,373,873 shares of the company’s stock worth $359,422,000 after acquiring an additional 705,022 shares in the last quarter. Chevy Chase Trust Holdings Inc. bought a new stake in Unilever during the second quarter worth about $34,778,000. Thornburg Investment Management Inc. boosted its stake in Unilever by 126.4% during the first quarter. Thornburg Investment Management Inc. now owns 636,359 shares of the company’s stock worth $35,884,000 after acquiring an additional 355,268 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in Unilever by 9.0% during the first quarter. Neuberger Berman Group LLC now owns 4,188,292 shares of the company’s stock worth $235,397,000 after acquiring an additional 346,934 shares in the last quarter. 8.53% of the stock is currently owned by institutional investors and hedge funds.
Several equities research analysts recently commented on UN shares. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “hold” rating in a research note on Tuesday, May 22nd. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever in a research note on Monday, July 16th. Finally, Deutsche Bank reissued a “buy” rating on shares of Unilever in a research note on Friday, July 20th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Unilever currently has an average rating of “Buy” and a consensus price target of $66.00.
Unilever (NYSE:UN) last posted its quarterly earnings data on Thursday, July 19th. The company reported $1.33 EPS for the quarter, hitting the consensus estimate of $1.33. analysts expect that Unilever NV will post 2.76 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 5th. Stockholders of record on Friday, August 3rd will be paid a $0.4531 dividend. This represents a $1.81 annualized dividend and a dividend yield of 3.18%. The ex-dividend date of this dividend is Thursday, August 2nd. This is an increase from Unilever’s previous quarterly dividend of $0.45. Unilever’s dividend payout ratio is currently 60.87%.
Unilever Company Profile
Unilever N.V. operates in the fast-moving consumer goods industry worldwide. The company operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skincare and haircare products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, Vaseline, Dermalogica, Murad, Dollar Shave Club, Zest & Camay, and Seventh Generation brands.
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