What should smart Unilever N.V. (ADR) (NYSE:UN) investors consider doing?
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What’s more, let’s analyze the latest info for Unilever N.V. (ADR) (NYSE:UN).
How have hedgies been trading Unilever N.V. (ADR) (NYSE:UN)?
In preparation for the third quarter, a total of 21 of the hedge funds we track were long in this stock, a change of 0% from the previous quarter. With the smart money’s capital changing hands, there exists an “upper tier” of notable hedge fund managers who were upping their stakes significantly.
As Unilever N.V. (ADR) (NYSE:UN) has experienced dropping sentiment from upper-tier hedge fund managers, it’s safe to say that there was a specific group of money managers who were dropping their positions entirely in Q1. Interestingly, Israel Englander’s Millennium Management dumped the biggest investment of all the hedgies we track, comprising about $1.6 million in stock, and Ken Griffin of Citadel Investment Group was right behind this move, as the fund said goodbye to about $0.7 million worth. These bearish behaviors are interesting, as total hedge fund interest stayed the same (this is a bearish signal in our experience).
How have insiders been trading Unilever N.V. (ADR) (NYSE:UN)?
Insider buying is at its handiest when the company we’re looking at has seen transactions within the past six months. Over the last six-month time period, Unilever N.V. (ADR) (NYSE:UN) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).
We’ll check out the relationship between both of these indicators in other stocks similar to Unilever N.V. (ADR) (NYSE:UN). These stocks are Campbell Soup Company (NYSE:CPB), ConAgra Foods, Inc. (NYSE:CAG), Mead Johnson Nutrition CO (NYSE:MJN), Kellogg Company (NYSE:K), and General Mills, Inc. (NYSE:GIS). This group of stocks are the members of the processed & packaged goods industry and their market caps match UN’s market cap.
| Company Name | # of Hedge Funds | # of Insiders Buying | # of Insiders Selling |
| Campbell Soup Company (NYSE:CPB) | 20 | 0 | 0 |
| ConAgra Foods, Inc. (NYSE:CAG) | 32 | 0 | 0 |
| Mead Johnson Nutrition CO (NYSE:MJN) | 42 | 0 | 0 |
| Kellogg Company (NYSE:K) | 17 | 0 | 0 |
| General Mills, Inc. (NYSE:GIS) | 32 | 0 | 0 |
Using the returns explained by our tactics, average investors should always track hedge fund and insider trading activity, and Unilever N.V. (ADR) (NYSE:UN) is an important part of this process.
