Cypress Asset Management Inc. TX Decreases Stock Position in Unilever NV (NYSE:UN)

Cypress Asset Management Inc. TX cut its stake in Unilever NV (NYSE:UN) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,900 shares of the company’s stock after selling 850 shares during the period. Cypress Asset Management Inc. TX’s holdings in Unilever were worth $1,086,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Silver Lake Advisory LLC lifted its holdings in Unilever by 0.6% during the 3rd quarter. Silver Lake Advisory LLC now owns 48,278 shares of the company’s stock worth $2,898,000 after buying an additional 305 shares during the last quarter. Parallel Advisors LLC lifted its holdings in Unilever by 17.1% during the 3rd quarter. Parallel Advisors LLC now owns 3,544 shares of the company’s stock worth $213,000 after buying an additional 518 shares during the last quarter. State Street Corp lifted its holdings in Unilever by 94.0% during the 3rd quarter. State Street Corp now owns 236,018 shares of the company’s stock worth $14,168,000 after buying an additional 114,352 shares during the last quarter. Tealwood Asset Management Inc. lifted its holdings in Unilever by 1.0% during the 4th quarter. Tealwood Asset Management Inc. now owns 54,189 shares of the company’s stock worth $3,114,000 after buying an additional 514 shares during the last quarter. Finally, FTB Advisors Inc. lifted its holdings in Unilever by 4.3% during the 4th quarter. FTB Advisors Inc. now owns 89,240 shares of the company’s stock worth $5,127,000 after buying an additional 3,663 shares during the last quarter. Hedge funds and other institutional investors own 8.22% of the company’s stock.

UN opened at $59.73 on Friday. The business’s 50-day simple moving average is $57.57 and its 200-day simple moving average is $58.97. The company has a current ratio of 0.78, a quick ratio of 0.58 and a debt-to-equity ratio of 1.70. Unilever NV has a one year low of $53.31 and a one year high of $63.62.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Friday, February 21st will be given a dividend of $0.452 per share. This represents a $1.81 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Thursday, February 20th. Unilever’s dividend payout ratio (DPR) is currently 55.60%.

A number of brokerages have issued reports on UN. Zacks Investment Research downgraded Unilever from a “hold” rating to a “sell” rating in a report on Saturday, January 11th. HSBC cut Unilever from a “hold” rating to a “reduce” rating in a research report on Tuesday, January 7th. Jefferies Financial Group upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Liberum Capital upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. Finally, Berenberg Bank cut Unilever to a “hold” rating in a research report on Monday, February 3rd. Five equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. Unilever presently has an average rating of “Hold” and an average price target of $68.00.

Unilever Profile

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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Institutional Ownership by Quarter for Unilever (NYSE:UN)

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