Unilever Nv (UN) Holder Cambridge Trust Company Cut Its Stake as Market Valuation Declined

April 17, 2018 - By Darrin Black

Unilever N.V. (NYSE:UN) Logo

Cambridge Trust Company decreased its stake in Unilever Nv (UN) by 14.22% based on its latest 2017Q4 regulatory filing with the SEC. Cambridge Trust Company sold 64,449 shares as the company’s stock declined 4.54% with the market. The institutional investor held 388,841 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $21.90M, down from 453,290 at the end of the previous reported quarter. Cambridge Trust Company who had been investing in Unilever Nv for a number of months, seems to be less bullish one the $160.99 billion market cap company. The stock increased 0.18% or $0.1 during the last trading session, reaching $57.24. About 702,872 shares traded. Unilever N.V. (NYSE:UN) has risen 6.36% since April 17, 2017 and is uptrending. It has underperformed by 5.19% the S&P500.

Cambridge Trust Company, which manages about $1.58B US Long portfolio, upped its stake in Emerson Electric Co (NYSE:EMR) by 98,177 shares to 114,847 shares, valued at $8.00M in 2017Q4, according to the filing. It also increased its holding in Unilever Plc (NYSE:UL) by 64,800 shares in the quarter, for a total of 127,905 shares, and has risen its stake in Ishares (IBB).

Unilever N.V. (NYSE:UN) Ratings Coverage

Among 2 analysts covering Unilever NV Common Stock (NYSE:UN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Unilever NV Common Stock had 2 analyst reports since March 23, 2018 according to SRatingsIntel. The rating was upgraded by UBS to “Buy” on Wednesday, March 28. The firm has “Buy” rating by Argus Research given on Friday, March 23.

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