Parallel Advisors LLC Acquires 518 Shares of Unilever NV (NYSE:UN)
Parallel Advisors LLC increased its holdings in shares of Unilever NV (NYSE:UN) by 17.1% in the third quarter, Holdings Channel.com reports. The fund owned 3,544 shares of the company’s stock after buying an additional 518 shares during the quarter. Parallel Advisors LLC’s holdings in Unilever were worth $213,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of UN. Douglass Winthrop Advisors LLC increased its holdings in shares of Unilever by 4.2% in the 2nd quarter. Douglass Winthrop Advisors LLC now owns 9,431 shares of the company’s stock valued at $573,000 after acquiring an additional 381 shares during the period. Synovus Financial Corp increased its holdings in shares of Unilever by 3.1% in the 2nd quarter. Synovus Financial Corp now owns 38,822 shares of the company’s stock valued at $2,353,000 after acquiring an additional 1,153 shares during the period. Grove Bank & Trust purchased a new position in shares of Unilever in the 2nd quarter valued at $206,000. Silver Lake Advisory LLC increased its holdings in shares of Unilever by 0.6% in the 3rd quarter. Silver Lake Advisory LLC now owns 48,278 shares of the company’s stock valued at $2,898,000 after acquiring an additional 305 shares during the period. Finally, Crewe Advisors LLC purchased a new position in shares of Unilever in the 2nd quarter valued at $189,000. 7.85% of the stock is owned by hedge funds and other institutional investors.
UN stock traded up $0.67 on Friday, hitting $60.16. 1,258,986 shares of the company’s stock were exchanged, compared to its average volume of 1,207,785. Unilever NV has a 12-month low of $52.08 and a 12-month high of $63.62. The firm has a 50 day moving average price of $59.47 and a two-hundred day moving average price of $60.06. The stock has a market cap of $100.89 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 2.53 and a beta of 0.48.
Unilever N.V. operates in the fast-moving consumer goods industry worldwide. It operates in three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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