Cobblestone Capital Advisors LLC NY Increases Stake in Unilever NV (UN)

Cobblestone Capital Advisors LLC NY increased its holdings in Unilever NV (NYSE:UN) by 53.5% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 164,174 shares of the company’s stock after purchasing an additional 57,208 shares during the period. Unilever NV makes up about 1.2% of Cobblestone Capital Advisors LLC NY’s holdings, making the stock its 25th biggest holding. Cobblestone Capital Advisors LLC NY’s holdings in Unilever NV were worth $9,693,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. FMR LLC boosted its stake in shares of Unilever NV by 20.4% in the 2nd quarter. FMR LLC now owns 14,213,201 shares of the company’s stock valued at $785,563,000 after purchasing an additional 2,408,645 shares in the last quarter. BlackRock Inc. boosted its position in Unilever NV by 1.9% during the 2nd quarter. BlackRock Inc. now owns 9,343,387 shares of the company’s stock valued at $516,410,000 after buying an additional 176,316 shares during the period. Goldman Sachs Group Inc. boosted its position in Unilever NV by 67.0% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,456,768 shares of the company’s stock valued at $80,515,000 after buying an additional 584,455 shares during the period. Evercore Trust Company N.A. boosted its position in Unilever NV by 11.9% during the 2nd quarter. Evercore Trust Company N.A. now owns 1,421,632 shares of the company’s stock valued at $78,574,000 after buying an additional 151,194 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in Unilever NV by 9.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,356,709 shares of the company’s stock valued at $74,975,000 after buying an additional 121,282 shares during the period. 8.99% of the stock is owned by institutional investors.

Unilever NV (NYSE:UN) traded down $0.05 during trading hours on Friday, hitting $57.28. 1,405,000 shares of the stock traded hands, compared to its average volume of 2,219,749. Unilever NV has a 12-month low of $38.41 and a 12-month high of $61.62.

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

ILLEGAL ACTIVITY WARNING: This report was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://sportsperspectives.com/2017/11/12/cobblestone-capital-advisors-llc-ny-increases-stake-in-unilever-nv-un.html.

Several brokerages have weighed in on UN. Zacks Investment Research cut shares of Unilever NV from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Royal Bank Of Canada cut shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research report on Thursday, August 10th. BidaskClub raised shares of Unilever NV from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. UBS AG reissued a “neutral” rating on shares of Unilever NV in a research report on Monday, July 17th. Finally, J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever NV in a research report on Thursday, September 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Unilever NV presently has a consensus rating of “Hold” and an average target price of $66.00.

Unilever NV 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.

Want to see what other hedge funds are holding UN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unilever NV (NYSE:UN).

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 MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply