The stock rose 0.65% or $0.37 reaching $57.06 per share.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Finally, Private Wealth Partners LLC acquired a new stake in Unilever NV during the second quarter worth $221,000. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.88%.
BidaskClub upgraded shares of Unilever NV (NYSE:UN) from a buy rating to a strong-buy rating in a research note released on Saturday morning. Royal Bank Of Canada downgraded Unilever NV from a "sector perform" rating to an "underperform" rating in a research report on Thursday. Hanson & Doremus Investment Management now owns 2,230 shares of the company's stock worth $121,000 after buying an additional 150 shares during the period. Reilly Financial Advisors LLC now owns 25,738 shares of the company's stock valued at $1,270,000 after buying an additional 850 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in shares of Unilever NV by 2.0% in the second quarter.
As of quarter end United States Steel & Carnegie Pension Fund had sold 882,669 shares trimming its stake by 45.0%. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company.
The stock last traded at $56.94 which is marginally over the 50 day moving average of $55.68 and which is significantly higher than the 200 day moving average of $51.12. Reliance Trust Co. of DE boosted its stake in Unilever PLC by 35.9% in the first quarter. CORDA Investment Management LLC. increased its stake in Unilever PLC by 6.3% in the first quarter. The firm has a market capitalization of $159.58 billion, a price-to-earnings ratio of 23.67 and a beta of 0.88. Gamble Jones Investment Counsel now owns 18,897 shares of the company's stock valued at $932,000 after buying an additional 210 shares during the period. The stock of Unilever plc (ADR) (NYSE:UL) earned "Neutral" rating by Bank of America on Monday, February 27. BTC Capital Management Inc. raised its stake in shares of Unilever NV by 0.4% in the second quarter. Zacks Investment Research upgraded shares of Unilever NV from a "hold" rating to a "buy" rating and set a $65.00 target price for the company in a research note on Tuesday, June 6th. Unilever NV has an average rating of "Buy" and an average target price of $65.00.
Jane Street Group LLC raised its stake in shares of Unilever PLC by 459.2% in the first quarter. World Asset Management Inc now owns 79,991 shares of the company's stock valued at $3,947,000 after buying an additional 1,120 shares during the period. This is an increase from Unilever plc's previous dividend of $30.21. NGAM Advisors L.P. now owns 414,056 shares of the company's stock worth $22,885,000 after buying an additional 16,217 shares in the last quarter.
TRADEMARK VIOLATION WARNING: This news story was published by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this article on another site, it was copied illegally and republished in violation of United States & global copyright and trademark laws. The correct version of this story can be accessed at https://www.themarketsdaily.com/2017/08/13/16984-shares-in-unilever-nv-nyseun-acquired-by-caprock-group-inc-updated.html. Goldman Sachs downgraded the stock to "Neutral" rating in Wednesday, August 12 report.
Unilever PLC is a fast-moving consumer goods company.