Unilever Nv Adr (UN) Stake Has Raised by Gardner Russo & Gardner Llc

July 17, 2017 - By Ellis Scott

Tom Russo increased its stake in Unilever Nv Adr (UN) by 6.47% based on its latest 2016Q4 regulatory filing with the SEC. Gardner Russo & Gardner Llc bought 926,161 shares as the company’s stock rose 12.65% with the market. The hedge fund run by Tom Russo held 15.25M shares of the package goods and cosmetics company at the end of 2016Q4, valued at $626.12M, up from 14.32M at the end of the previous reported quarter. Gardner Russo & Gardner Llc who had been investing in Unilever Nv Adr for a number of months, seems to be bullish on the $169.96B market cap company. The stock rose 0.09% or $0.05 reaching $56.93 per share. About 1.75 million shares traded or 12.18% up from the average. Unilever NV (ADR) (NYSE:UN) has risen 26.55% since July 17, 2016 and is uptrending. It has outperformed by 9.85% the S&P500.

Gardner Russo & Gardner Llc, which manages about $10.72 billion and $11.82B US Long portfolio, decreased its stake in Mastercard Inc Cl A (NYSE:MA) by 171,918 shares to 9.60 million shares, valued at $991.53M in 2016Q4, according to the filing. It also reduced its holding in Berkshire Hathaway Inc Cl A (BRKA) by 72 shares in the quarter, leaving it with 4,912 shares, and cut its stake in Wells Fargo (NYSE:WFC).

Another recent and important Unilever NV (ADR) (NYSE:UN) news was published by Seekingalpha.com which published an article titled: “Unilever: Analysis Of An ADR In Local Currency” on April 06, 2017.

Unilever NV (ADR) (NYSE:UN) Ratings Coverage

Among 9 analysts covering Unilever NV (NYSE:UN), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Unilever NV had 10 analyst reports since September 25, 2015 according to SRatingsIntel. The stock of Unilever NV (ADR) (NYSE:UN) earned “Outperform” rating by Bernstein on Monday, August 22. As per Tuesday, December 13, the company rating was upgraded by Jefferies. As per Tuesday, January 12, the company rating was upgraded by JP Morgan. On Monday, March 27 the stock rating was reinitiated by Liberum Capital with “Hold”. On Wednesday, August 31 the stock rating was upgraded by Citigroup to “Buy”. On Friday, July 22 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. The company was upgraded on Tuesday, December 8 by Credit Suisse. The firm earned “Neutral” rating on Wednesday, December 7 by JP Morgan. Barclays Capital upgraded the shares of UN in report on Friday, March 24 to “Overweight” rating. The rating was upgraded by Berenberg on Friday, September 25 to “Buy”.

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