Comerica Bank increased its position in shares of Unilever NV (NYSE:UN) by 1.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,385 shares of the company’s stock after purchasing an additional 1,819 shares during the period. Comerica Bank’s holdings in Unilever were worth $6,079,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its holdings in Unilever by 3.7% in the second quarter. Dimensional Fund Advisors LP now owns 771,492 shares of the company’s stock valued at $42,640,000 after buying an additional 27,591 shares in the last quarter. Cubist Systematic Strategies LLC increased its holdings in Unilever by 219.7% in the second quarter. Cubist Systematic Strategies LLC now owns 6,310 shares of the company’s stock valued at $349,000 after buying an additional 4,336 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Unilever by 11.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 21,273 shares of the company’s stock valued at $1,176,000 after buying an additional 2,268 shares in the last quarter. Advisory Services Network LLC increased its holdings in Unilever by 400.1% in the second quarter. Advisory Services Network LLC now owns 19,142 shares of the company’s stock valued at $1,058,000 after buying an additional 15,314 shares in the last quarter. Finally, Griffin Asset Management Inc. purchased a new position in Unilever in the second quarter valued at about $360,000. 8.89% of the stock is owned by hedge funds and other institutional investors.

UN has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of Unilever from a “hold” rating to a “sell” rating in a report on Friday, January 12th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a research report on Monday, December 18th. Investec upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research report on Monday, January 29th. Finally, ABN Amro upgraded shares of Unilever from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $66.00.

Shares of Unilever NV (NYSE:UN) opened at $53.53 on Friday. The company has a market cap of $155,780.00, a P/E ratio of 20.35, a PEG ratio of 1.85 and a beta of 0.88. Unilever NV has a 1 year low of $40.97 and a 1 year high of $61.62.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Friday, February 16th will be given a $0.445 dividend. The ex-dividend date is Thursday, February 15th. This is a positive change from Unilever’s previous quarterly dividend of $0.35. This represents a $1.78 annualized dividend and a dividend yield of 3.33%. Unilever’s dividend payout ratio is currently 54.37%.

TRADEMARK VIOLATION NOTICE: This article was originally reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://theolympiareport.com/2018/02/11/comerica-bank-has-6-08-million-position-in-unilever-nv-un.html.

About Unilever

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 (NYSE:UN)

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