Unilever NV (NYSE:UN) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totalling 1,600,400 shares, a decline of 13.4% from the May 30th total of 1,847,200 shares. Based on an average trading volume of 1,040,000 shares, the short-interest ratio is presently 1.5 days. Currently, 0.1% of the company’s stock are short sold.
Shares of NYSE:UN opened at $60.54 on Friday. The company’s 50-day simple moving average is $61.10. Unilever has a 1 year low of $52.08 and a 1 year high of $62.40. The firm has a market cap of $103.81 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 2.65 and a beta of 0.54.
Large investors have recently made changes to their positions in the stock. One Capital Management LLC increased its holdings in shares of Unilever by 0.8% in the second quarter. One Capital Management LLC now owns 42,738 shares of the company’s stock valued at $2,595,000 after purchasing an additional 356 shares during the period. Argus Investors Counsel Inc. increased its holdings in shares of Unilever by 93.3% in the second quarter. Argus Investors Counsel Inc. now owns 111,662 shares of the company’s stock valued at $6,780,000 after purchasing an additional 53,910 shares during the period. Naples Global Advisors LLC acquired a new position in shares of Unilever in the second quarter valued at about $474,000. Douglass Winthrop Advisors LLC increased its holdings in shares of Unilever by 4.2% in the second quarter. Douglass Winthrop Advisors LLC now owns 9,431 shares of the company’s stock valued at $573,000 after purchasing an additional 381 shares during the period. Finally, Sanders Morris Harris LLC acquired a new position in shares of Unilever in the second quarter valued at about $648,000. 7.55% of the stock is currently owned by institutional investors.
Several research analysts have recently commented on the company. Barclays set a $192.00 price target on Tesla and gave the stock a “sell” rating in a research report on Tuesday, April 9th. DZ Bank lowered Unilever from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. Credit Suisse Group set a $77.00 price target on Monster Beverage and gave the stock a “buy” rating in a research report on Friday, May 3rd. Finally, Zacks Investment Research raised Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research report on Saturday. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $66.50.
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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