Delta Capital Management LLC Takes Position in Unilever NV (NYSE:UN)

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Delta Capital Management LLC purchased a new stake in Unilever NV (NYSE:UN) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 48,500 shares of the company’s stock, valued at approximately $2,911,000. Unilever makes up 2.0% of Delta Capital Management LLC’s investment portfolio, making the stock its 29th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rockland Trust Co. lifted its stake in Unilever by 526.6% during the third quarter. Rockland Trust Co. now owns 83,911 shares of the company’s stock worth $4,988,000 after purchasing an additional 70,520 shares during the last quarter. We Are One Seven LLC lifted its stake in Unilever by 0.8% during the third quarter. We Are One Seven LLC now owns 20,095 shares of the company’s stock worth $1,206,000 after purchasing an additional 169 shares during the last quarter. Douglass Winthrop Advisors LLC lifted its stake in Unilever by 8.9% during the third quarter. Douglass Winthrop Advisors LLC now owns 10,275 shares of the company’s stock worth $617,000 after purchasing an additional 844 shares during the last quarter. Hartwell J M Limited Partnership lifted its stake in Unilever by 5.9% during the third quarter. Hartwell J M Limited Partnership now owns 9,000 shares of the company’s stock worth $540,000 after purchasing an additional 500 shares during the last quarter. Finally, Centric Wealth Management bought a new stake in Unilever during the third quarter worth about $230,000. Institutional investors own 7.71% of the company’s stock.

Shares of NYSE UN traded down $0.34 during midday trading on Friday, reaching $59.28. The company had a trading volume of 129,278 shares, compared to its average volume of 1,020,084. Unilever NV has a one year low of $52.08 and a one year high of $63.62. The firm’s fifty day moving average price is $60.63 and its 200-day moving average price is $59.89. The stock has a market cap of $101.63 billion, a PE ratio of 21.40, a price-to-earnings-growth ratio of 2.59 and a beta of 0.47.

Several brokerages have issued reports on UN. Zacks Investment Research reaffirmed a “sell” rating on shares of Unilever in a research note on Saturday, October 5th. Redburn Partners reaffirmed a “sell” rating on shares of Unilever in a research note on Friday. Morgan Stanley lowered Unilever from an “in-line” rating to an “underweight” rating in a research note on Wednesday, September 18th. Finally, Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 3rd. Six research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus 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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