World Asset Management Inc decreased its holdings in Unilever N.V. (NYSE:UL) by 17.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,376 shares of the company’s stock after selling 6,229 shares during the period. World Asset Management Inc’s holdings in Unilever were worth $1,670,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also modified their holdings of the company. Royal Bank of Canada grew its holdings in Unilever by 87.8% in the first quarter. Royal Bank of Canada now owns 2,930,043 shares of the company’s stock worth $162,791,000 after purchasing an additional 1,369,596 shares during the last quarter. Morgan Stanley grew its holdings in Unilever by 1.3% in the second quarter. Morgan Stanley now owns 2,270,154 shares of the company’s stock worth $125,494,000 after purchasing an additional 29,426 shares during the last quarter. Northern Trust Corp grew its holdings in Unilever by 2.3% in the second quarter. Northern Trust Corp now owns 1,504,555 shares of the company’s stock worth $83,172,000 after purchasing an additional 33,939 shares during the last quarter. Summit Trail Advisors LLC grew its holdings in Unilever by 5,615.0% in the first quarter. Summit Trail Advisors LLC now owns 1,502,188 shares of the company’s stock worth $1,502,000 after purchasing an additional 1,475,903 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Unilever by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 936,549 shares of the company’s stock worth $51,772,000 after purchasing an additional 15,730 shares during the last quarter. 6.65% of the stock is owned by institutional investors.
NYSE UL opened at $52.05 on Friday. Unilever N.V. has a 12-month low of $50.74 and a 12-month high of $60.13. The firm has a market capitalization of $67.71 billion, a price-to-earnings ratio of 20.57 and a beta of 0.81.
Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Unilever in a report on Monday, July 16th. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “hold” rating in a report on Tuesday, June 19th.
Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.
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