Synovus Financial Corp Has $1.44 Million Holdings in Unilever NV (UN)

Synovus Financial Corp raised its position in shares of Unilever NV (NYSE:UN) by 19.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,343 shares of the company’s stock after acquiring an additional 3,890 shares during the period. Synovus Financial Corp’s holdings in Unilever were worth $1,440,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of UN. Pinnacle Financial Partners Inc. bought a new position in Unilever during the second quarter valued at $127,000. Proficio Capital Partners LLC boosted its stake in shares of Unilever by 2.5% during the second quarter. Proficio Capital Partners LLC now owns 2,713 shares of the company’s stock valued at $157,000 after purchasing an additional 66 shares during the period. Spears Abacus Advisors LLC purchased a new stake in shares of Unilever during the second quarter valued at $202,000. Bath Savings Trust Co purchased a new stake in shares of Unilever during the third quarter valued at $207,000. Finally, Bourgeon Capital Management LLC purchased a new stake in shares of Unilever during the second quarter valued at $213,000. Institutional investors and hedge funds own 8.69% of the company’s stock.

A number of analysts have recently issued reports on the stock. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever in a research note on Thursday, September 7th. BidaskClub raised shares of Unilever from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 12th. Zacks Investment Research lowered shares of Unilever from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. Finally, Royal Bank Of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $66.00.

Shares of Unilever NV (NYSE:UN) traded up $0.31 on Thursday, hitting $57.57. 1,158,900 shares of the stock were exchanged, compared to its average volume of 2,058,838. Unilever NV has a 1 year low of $39.22 and a 1 year high of $61.62.

The business also recently announced a dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.422 per share. This is a positive change from Unilever’s previous dividend of $0.30. The ex-dividend date of this dividend is Thursday, November 2nd.

WARNING: “Synovus Financial Corp Has $1.44 Million Holdings in Unilever NV (UN)” was first reported by Stock Observer and is the sole property of of Stock Observer. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this news story can be viewed at https://www.thestockobserver.com/2017/12/07/synovus-financial-corp-has-1-44-million-holdings-in-unilever-nv-un.html.

Unilever Company Profile

Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Institutional Ownership by Quarter for Unilever (NYSE:UN)

Receive News & Ratings for Unilever NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever NV and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply