Kimberly-Clark Corporation $KMB Shares Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Kimberly‑Clark by 7.2%, acquiring an additional 19,293 shares to hold 286,477 shares worth about $29 million (≈0.09% of the company) at quarter end.
• Several sell‑side firms trimmed price targets recently and the stock carries a consensus "Hold" rating, with an average target price of $114.86.
• Kimberly‑Clark raised its quarterly dividend to $1.28 (annualized $5.12), producing a yield of about 5.2% and a dividend payout ratio near 84.4%.

Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Kimberly-Clark Corporation (NASDAQ:KMB - Free Report) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 286,477 shares of the company's stock after acquiring an additional 19,293 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.09% of Kimberly-Clark worth $29,000,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in Kimberly-Clark during the third quarter worth approximately $25,000. True Wealth Design LLC boosted its position in Kimberly-Clark by 177.6% during the third quarter. True Wealth Design LLC now owns 211 shares of the company's stock worth $26,000 after acquiring an additional 135 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in Kimberly-Clark during the second quarter worth approximately $27,000. Eagle Bay Advisors LLC acquired a new stake in Kimberly-Clark during the fourth quarter worth approximately $28,000. Finally, Newbridge Financial Services Group Inc. boosted its holdings in shares of Kimberly-Clark by 96.6% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 285 shares of the company's stock valued at $29,000 after purchasing an additional 140 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Analyst Upgrades and Downgrades

KMB has been the topic of several research reports. Citigroup cut their target price on Kimberly-Clark from $95.00 to $90.00 and set a "sell" rating on the stock in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft cut their target price on Kimberly-Clark from $110.00 to $109.00 and set a "hold" rating on the stock in a research report on Monday, March 30th. UBS Group dropped their target price on shares of Kimberly-Clark from $110.00 to $105.00 and set a "neutral" rating for the company in a research report on Tuesday, April 7th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Kimberly-Clark in a research report on Friday, March 27th. Finally, Barclays lowered their price objective on shares of Kimberly-Clark from $105.00 to $99.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 14th. Four equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $114.86.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Scribner sold 3,049 shares of the business's stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $104.29, for a total transaction of $317,980.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.75% of the stock is owned by insiders.

Kimberly-Clark Trading Up 1.2%

Kimberly-Clark stock opened at $97.93 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.75 and a debt-to-equity ratio of 3.97. The firm has a 50-day moving average price of $101.40 and a two-hundred day moving average price of $104.46. The firm has a market capitalization of $32.51 billion, a price-to-earnings ratio of 16.13, a PEG ratio of 3.72 and a beta of 0.28. Kimberly-Clark Corporation has a 52-week low of $92.42 and a 52-week high of $144.30.

Kimberly-Clark (NASDAQ:KMB - Get Free Report) last posted its earnings results on Tuesday, January 27th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.81 by $0.05. The firm had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.11 billion. Kimberly-Clark had a net margin of 11.73% and a return on equity of 170.48%. Kimberly-Clark's revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business posted $1.50 EPS. Sell-side analysts expect that Kimberly-Clark Corporation will post 7.54 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th were paid a dividend of $1.28 per share. This represents a $5.12 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.26. Kimberly-Clark's dividend payout ratio (DPR) is presently 84.35%.

About Kimberly-Clark

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.

Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly-Clark Corporation (NASDAQ:KMB - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.