Investors Buy High Volume of Unilever Call Options (UN)

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Unilever NV (NYSE:UN) was the target of unusually large options trading activity on Wednesday. Stock traders acquired 6,792 call options on the stock. This is an increase of 1,003% compared to the average volume of 616 call options.

Several research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “hold” rating in a research report on Friday, January 11th. UBS Group downgraded shares of Unilever from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 8th. Societe Generale assumed coverage on shares of Unilever in a research report on Tuesday. They issued a “sell” rating on the stock. Finally, JPMorgan Chase & Co. downgraded shares of Unilever from a “neutral” rating to an “underweight” rating in a research report on Sunday, December 9th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $62.50.

Several institutional investors have recently modified their holdings of UN. United Services Automobile Association increased its position in Unilever by 0.3% during the second quarter. United Services Automobile Association now owns 520,037 shares of the company’s stock worth $28,976,000 after acquiring an additional 1,602 shares during the period. One Capital Management LLC increased its position in Unilever by 6.4% during the third quarter. One Capital Management LLC now owns 40,140 shares of the company’s stock worth $2,230,000 after acquiring an additional 2,424 shares during the period. We Are One Seven LLC bought a new position in Unilever during the third quarter worth $679,000. Lourd Capital LLC bought a new position in Unilever during the third quarter worth $340,000. Finally, Iberiabank Corp bought a new position in Unilever during the third quarter worth $224,000.

NYSE UN opened at $53.85 on Thursday. The company has a market capitalization of $91.10 billion, a price-to-earnings ratio of 21.28, a price-to-earnings-growth ratio of 3.32 and a beta of 0.73. Unilever has a 12-month low of $51.56 and a 12-month high of $58.72.

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Unilever Company Profile

Unilever N.V. operates in the fast-moving consumer goods industry worldwide. The company operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skincare and haircare products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, Vaseline, Dermalogica, Murad, Dollar Shave Club, Zest & Camay, and Seventh Generation brands.

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