Bard Financial Services Inc. Decreases Stock Position in Unilever PLC (NYSE:UL)

Bard Financial Services Inc. reduced its position in Unilever PLC (NYSE:UL - Free Report) by 21.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,690 shares of the company's stock after selling 8,760 shares during the quarter. Bard Financial Services Inc.'s holdings in Unilever were worth $2,124,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allen Wealth Management LLC acquired a new position in shares of Unilever during the fourth quarter valued at about $2,415,000. Diversify Advisory Services LLC purchased a new position in shares of Unilever in the first quarter worth $863,000. Virtu Financial LLC acquired a new stake in shares of Unilever during the fourth quarter worth $867,000. First Trust Advisors LP grew its holdings in shares of Unilever by 6.6% during the fourth quarter. First Trust Advisors LP now owns 1,452,545 shares of the company's stock valued at $70,419,000 after buying an additional 90,245 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Unilever in the 1st quarter valued at $684,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Redburn Atlantic upgraded Unilever from a "neutral" rating to a "buy" rating in a research note on Friday, June 7th. TD Cowen assumed coverage on Unilever in a research report on Tuesday, July 23rd. They issued a "buy" rating and a $67.00 target price on the stock. Bank of America raised shares of Unilever from an "underperform" rating to a "buy" rating and raised their price target for the stock from $47.00 to $72.00 in a research report on Thursday, August 22nd. StockNews.com raised shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday. Finally, UBS Group upgraded shares of Unilever to a "strong sell" rating in a research note on Tuesday, July 30th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Unilever currently has a consensus rating of "Hold" and a consensus price target of $61.75.

Unilever Stock Down 0.1 %

UL traded down $0.07 on Friday, reaching $62.84. The stock had a trading volume of 1,320,252 shares, compared to its average volume of 2,714,313. The business's 50-day moving average price is $63.39 and its two-hundred day moving average price is $56.82. Unilever PLC has a 12-month low of $46.16 and a 12-month high of $65.87.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 9th were paid a $0.4773 dividend. This represents a $1.91 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend was Friday, August 9th. This is a positive change from Unilever's previous quarterly dividend of $0.46.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.