Bard Financial Services Inc. Sells 7,000 Shares of Unilever PLC (NYSE:UL)

Bard Financial Services Inc. lessened its holdings in shares of Unilever PLC (NYSE:UL) by 16.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,450 shares of the company’s stock after selling 7,000 shares during the quarter. Bard Financial Services Inc.’s holdings in Unilever were worth $2,238,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Abich Financial Wealth Management LLC grew its holdings in Unilever by 393.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock valued at $29,000 after buying an additional 425 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new position in Unilever during the second quarter valued at approximately $30,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Unilever during the 3rd quarter worth approximately $35,000. Jamison Private Wealth Management Inc. grew its position in shares of Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after purchasing an additional 405 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Unilever in the third quarter worth $40,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on UL shares. Bank of America raised Unilever from an “underperform” rating to a “buy” rating and boosted their price objective for the stock from $47.00 to $72.00 in a report on Thursday, August 22nd. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Finally, StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $61.75.

Unilever Price Performance

Shares of UL opened at $58.97 on Wednesday. The firm has a fifty day simple moving average of $60.65 and a two-hundred day simple moving average of $60.06. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87.

Unilever Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 8th were given a dividend of $0.4755 per share. This is an increase from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date was Friday, November 8th.

Unilever 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.