Universal Beteiligungs und Servicegesellschaft mbH Buys Shares of 272,517 Kimberly-Clark Co. (NYSE:KMB)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 272,517 shares of the company's stock, valued at approximately $35,711,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.08% of Kimberly-Clark at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. LifeWealth Investments LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth $267,000. Heck Capital Advisors LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth $53,000. Hall Capital Management Co. Inc. acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth $2,533,000. United Advisor Group LLC acquired a new position in Kimberly-Clark during the fourth quarter valued at $214,000. Finally, Challenger Wealth Management acquired a new position in Kimberly-Clark during the fourth quarter valued at $316,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Kimberly-Clark

In related news, insider Katy Chen sold 740 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $129.70, for a total transaction of $95,978.00. Following the completion of the sale, the insider now owns 3,997 shares of the company's stock, valued at approximately $518,410.90. This represents a 15.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.64% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on KMB. UBS Group boosted their target price on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research report on Thursday, April 17th. Piper Sandler decreased their target price on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Wall Street Zen downgraded shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Evercore ISI decreased their target price on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Finally, Royal Bank of Canada decreased their target price on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $145.08.

Kimberly-Clark Price Performance

Shares of KMB stock traded up $0.06 on Friday, reaching $143.90. 3,382,846 shares of the company were exchanged, compared to its average volume of 2,179,610. The company has a market cap of $47.75 billion, a price-to-earnings ratio of 19.06, a P/E/G ratio of 4.46 and a beta of 0.35. The business has a 50-day moving average price of $137.66 and a 200 day moving average price of $135.38. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. Kimberly-Clark Co. has a 1 year low of $124.10 and a 1 year high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its earnings results on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.04. The business had revenue of $4.84 billion during the quarter, compared to analysts' expectations of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same quarter in the previous year, the company earned $2.01 earnings per share. Equities research analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be paid a dividend of $1.26 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.50%. Kimberly-Clark's dividend payout ratio is currently 68.66%.

Kimberly-Clark Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.