Jane Street Group LLC Raises Stake in Unilever NV (UN)

Jane Street Group LLC boosted its position in Unilever NV (NYSE:UN) by 849.7% during the third quarter, Holdings Channel reports. The institutional investor owned 168,094 shares of the company’s stock after buying an additional 150,394 shares during the period. Jane Street Group LLC’s holdings in Unilever NV were worth $7,749,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Trillium Asset Management LLC boosted its stake in shares of Unilever NV by 2.2% in the third quarter. Trillium Asset Management LLC now owns 440,951 shares of the company’s stock worth $20,328,000 after buying an additional 9,693 shares during the period. Moors & Cabot Inc. boosted its stake in shares of Unilever NV by 3.4% in the third quarter. Moors & Cabot Inc. now owns 6,867 shares of the company’s stock worth $316,000 after buying an additional 225 shares during the period. BlackRock Investment Management LLC boosted its stake in shares of Unilever NV by 19.3% in the third quarter. BlackRock Investment Management LLC now owns 3,044,434 shares of the company’s stock worth $140,348,000 after buying an additional 493,424 shares during the period. US Bancorp DE boosted its stake in shares of Unilever NV by 35.7% in the third quarter. US Bancorp DE now owns 131,978 shares of the company’s stock worth $6,085,000 after buying an additional 34,738 shares during the period. Finally, Cooke & Bieler LP boosted its stake in shares of Unilever NV by 25.3% in the second quarter. Cooke & Bieler LP now owns 1,516,971 shares of the company’s stock worth $71,206,000 after buying an additional 306,685 shares during the period. Institutional investors and hedge funds own 6.38% of the company’s stock.

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

Unilever NV (NYSE:UN) opened at 41.24 on Friday. Unilever NV has a 52 week low of $38.41 and a 52 week high of $48.00. The stock has a market cap of $117.11 billion, a price-to-earnings ratio of 21.09 and a beta of 0.85. The firm’s 50 day moving average price is $41.11 and its 200-day moving average price is $42.96.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Friday, February 10th will be paid a $0.292 dividend. The ex-dividend date of this dividend is Wednesday, February 8th. This represents a $1.17 annualized dividend and a dividend yield of 2.83%.

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UN has been the topic of a number of analyst reports. Jefferies Group LLC upgraded Unilever NV from a “hold” rating to a “buy” rating in a report on Tuesday, December 13th. Zacks Investment Research upgraded Unilever NV from a “sell” rating to a “hold” rating in a report on Wednesday, November 16th. Finally, J P Morgan Chase & Co cut Unilever NV from an “overweight” rating to a “neutral” rating in a report on Tuesday, December 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $51.00.

Unilever NV Company Profile

Unilever N.V. is a fast moving consumer goods company. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. Its Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. Its Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads.

5 Day Chart for NYSE:UN

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).

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