Welch Group LLC decreased its position in Unilever NV (NYSE:UN) by 6.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,407 shares of the company’s stock after selling 3,308 shares during the period. Welch Group LLC’s holdings in Unilever NV were worth $2,858,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of UN. Pinnacle Financial Partners Inc. purchased a new stake in Unilever NV during the second quarter worth about $127,000. Proficio Capital Partners LLC lifted its holdings in shares of Unilever NV by 2.5% in the second quarter. Proficio Capital Partners LLC now owns 2,713 shares of the company’s stock valued at $157,000 after purchasing an additional 66 shares in the last quarter. Bollard Group LLC lifted its holdings in shares of Unilever NV by 16.2% in the second quarter. Bollard Group LLC now owns 3,485 shares of the company’s stock valued at $193,000 after purchasing an additional 487 shares in the last quarter. Bath Savings Trust Co purchased a new stake in shares of Unilever NV in the third quarter valued at about $207,000. Finally, Spears Abacus Advisors LLC acquired a new position in shares of Unilever NV in the second quarter valued at approximately $202,000. 9.03% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://www.watchlistnews.com/welch-group-llc-has-2-86-million-stake-in-unilever-nv-un/1709839.html.

Shares of Unilever NV (NYSE UN) traded down $0.77 during mid-day trading on Friday, hitting $56.19. 674,257 shares of the stock traded hands, compared to its average volume of 2,114,266. Unilever NV has a fifty-two week low of $38.41 and a fifty-two week high of $61.62.

The company also recently announced a dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be paid a $0.422 dividend. The ex-dividend date is Thursday, November 2nd. This is an increase from Unilever NV’s previous dividend of $0.30.

UN has been the subject of several research analyst reports. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever NV in a research report on Thursday, September 7th. Zacks Investment Research raised shares of Unilever NV from a “hold” rating to a “buy” rating and set a $66.00 price target for the company in a research report on Thursday, October 5th. Royal Bank Of Canada lowered shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 10th. Finally, BidaskClub raised shares of Unilever NV from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Unilever NV has an average rating of “Hold” and a consensus price target of $66.00.

Unilever NV 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.

Institutional Ownership by Quarter for Unilever NV (NYSE:UN)

Receive News & Ratings for Unilever NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever NV and related companies with Analyst Ratings Network's FREE daily email newsletter.