Unilever NV (NYSE:UN) was the target of unusually large options trading on Friday. Stock traders bought 1,699 call options on the company. This represents an increase of 1,616% compared to the typical volume of 99 call options.

Shares of Unilever (NYSE:UN) opened at $57.10 on Monday. Unilever has a twelve month low of $39.89 and a twelve month high of $61.62.

The business also recently declared a dividend, which was paid on Wednesday, December 13th. Investors of record on Friday, November 3rd were issued a $0.422 dividend. This is an increase from Unilever’s previous dividend of $0.30. The ex-dividend date of this dividend was Thursday, November 2nd. Unilever’s dividend payout ratio is currently 71.01%.

A number of hedge funds and other institutional investors have recently made changes to their positions in UN. Geode Capital Management LLC boosted its position in Unilever by 33.1% in the 1st quarter. Geode Capital Management LLC now owns 18,800 shares of the company’s stock valued at $933,000 after buying an additional 4,676 shares during the last quarter. Beach Investment Management LLC. purchased a new position in Unilever in the 2nd quarter valued at about $5,211,000. First Trust Advisors LP purchased a new position in Unilever in the 2nd quarter valued at about $1,503,000. Advisors Asset Management Inc. boosted its position in Unilever by 5.9% in the 2nd quarter. Advisors Asset Management Inc. now owns 23,813 shares of the company’s stock valued at $1,316,000 after buying an additional 1,319 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Unilever by 271.3% in the 2nd quarter. SG Americas Securities LLC now owns 55,771 shares of the company’s stock valued at $3,082,000 after buying an additional 40,749 shares during the last quarter. Hedge funds and other institutional investors own 8.69% of the company’s stock.

A number of research firms have recently commented on UN. Zacks Investment Research upgraded Unilever from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a report on Thursday, September 28th. J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever in a report on Thursday, September 7th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Unilever has an average rating of “Hold” and an average price target of $66.00.

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Unilever 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.

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