Wetherby Asset Management Inc. raised its stake in Unilever NV (NYSE:UN) by 4.5% during the second quarter, Holdings Channel reports. The institutional investor owned 25,269 shares of the company’s stock after buying an additional 1,081 shares during the period. Wetherby Asset Management Inc.’s holdings in Unilever NV were worth $1,397,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Chevy Chase Trust Holdings Inc. increased its stake in Unilever NV by 29.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 304,078 shares of the company’s stock valued at $15,106,000 after buying an additional 70,066 shares in the last quarter. Creative Planning increased its stake in Unilever NV by 8.9% in the first quarter. Creative Planning now owns 9,719 shares of the company’s stock valued at $483,000 after buying an additional 791 shares in the last quarter. Bank of Montreal Can increased its stake in Unilever NV by 0.6% in the first quarter. Bank of Montreal Can now owns 200,611 shares of the company’s stock valued at $9,965,000 after buying an additional 1,143 shares in the last quarter. Capstone Asset Management Co. increased its stake in Unilever NV by 9.5% in the first quarter. Capstone Asset Management Co. now owns 367,242 shares of the company’s stock valued at $18,245,000 after buying an additional 31,737 shares in the last quarter. Finally, Atria Investments LLC increased its stake in Unilever NV by 1.1% in the first quarter. Atria Investments LLC now owns 20,075 shares of the company’s stock valued at $997,000 after buying an additional 224 shares in the last quarter. Institutional investors own 9.16% of the company’s stock.

Unilever NV (NYSE UN) opened at 58.80 on Thursday. The stock has a 50 day moving average price of $56.79 and a 200 day moving average price of $51.70. The firm has a market cap of $165.38 billion, a price-to-earnings ratio of 24.53 and a beta of 0.90. Unilever NV has a 12 month low of $38.41 and a 12 month high of $58.83.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th will be issued a $0.352 dividend. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a $1.41 annualized dividend and a yield of 2.39%.

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Several equities research analysts have issued reports on UN shares. Zacks Investment Research downgraded Unilever NV from a “buy” rating to a “hold” rating in a report on Tuesday, May 23rd. BidaskClub downgraded Unilever NV from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 10th. UBS AG restated a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. Finally, Royal Bank Of Canada downgraded Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $65.00.

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.

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

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