Trillium Asset Management LLC increased its stake in shares of Unilever NV (NYSE:UN) by 0.8% during the first quarter, Holdings Channel reports. The institutional investor owned 494,343 shares of the company’s stock after buying an additional 3,857 shares during the quarter. Unilever accounts for about 1.5% of Trillium Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding. Trillium Asset Management LLC’s holdings in Unilever were worth $28,815,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GQG Partners LLC purchased a new stake in shares of Unilever during the fourth quarter valued at $1,024,000. Landsberg Bennett & Dubbaneh LLC purchased a new stake in shares of Unilever during the fourth quarter valued at $1,764,000. Pineno Levin & Ford Asset Management Inc. purchased a new stake in shares of Unilever during the first quarter valued at $203,000. First PREMIER Bank grew its holdings in shares of Unilever by 14.1% during the first quarter. First PREMIER Bank now owns 2,425 shares of the company’s stock valued at $141,000 after buying an additional 300 shares during the last quarter. Finally, Physicians Financial Services Inc. purchased a new stake in shares of Unilever during the first quarter valued at $211,000. 7.78% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:UN traded up $0.30 during mid-day trading on Wednesday, hitting $59.47. The company’s stock had a trading volume of 60,074 shares, compared to its average volume of 1,202,221. Unilever NV has a 1 year low of $52.08 and a 1 year high of $60.59. The firm has a market cap of $101.69 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 3.09 and a beta of 0.61.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Friday, May 3rd will be issued a $0.4641 dividend. This represents a $1.86 annualized dividend and a yield of 3.12%. This is a positive change from Unilever’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Thursday, May 2nd. Unilever’s dividend payout ratio is presently 57.04%.

A number of equities research analysts have recently weighed in on UN shares. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Saturday, January 19th. DZ Bank lowered shares of Unilever from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. BNP Paribas lowered shares of Unilever from an “outperform” rating to a “neutral” rating in a report on Wednesday, February 27th. Credit Suisse Group raised shares of Unilever from a “neutral” rating to an “outperform” rating in a report on Friday, May 3rd. Finally, Societe Generale began coverage on shares of Unilever in a report on Tuesday, January 29th. They issued a “sell” rating on the stock. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Unilever presently has an average rating of “Hold” and an average price target of $63.50.

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About Unilever

Unilever N.V. operates in the fast-moving consumer goods industry worldwide. It operates in three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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