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

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in Kimberly-Clark Corporation (NASDAQ:KMB) by 17.3% during the second quarter, Holdings Channel.com reports. The firm owned 229,473 shares of the company’s stock after selling 48,145 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Kimberly-Clark were worth $29,584,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Investment Research & Advisory Group Inc. acquired a new position in shares of Kimberly-Clark during the 2nd quarter worth $25,000. Princeton Global Asset Management LLC raised its position in Kimberly-Clark by 989.5% during the second quarter. Princeton Global Asset Management LLC now owns 207 shares of the company’s stock worth $27,000 after acquiring an additional 188 shares during the last quarter. Financial Network Wealth Advisors LLC lifted its holdings in shares of Kimberly-Clark by 176.1% in the first quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the company’s stock valued at $28,000 after purchasing an additional 125 shares in the last quarter. Elequin Capital LP purchased a new position in shares of Kimberly-Clark during the 1st quarter worth approximately $36,000. Finally, AlphaCore Capital LLC acquired a new position in shares of Kimberly-Clark during the 1st quarter worth approximately $37,000. 76.29% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Stock Performance

Kimberly-Clark stock opened at $103.66 on Tuesday. Kimberly-Clark Corporation has a 52 week low of $99.22 and a 52 week high of $150.45. The company has a current ratio of 0.77, a quick ratio of 0.56 and a debt-to-equity ratio of 4.61. The stock has a market cap of $34.40 billion, a P/E ratio of 14.28, a price-to-earnings-growth ratio of 3.67 and a beta of 0.26. The stock has a 50 day moving average of $118.05 and a 200-day moving average of $127.42.

Kimberly-Clark (NASDAQ:KMB) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.37. Kimberly-Clark had a net margin of 12.87% and a return on equity of 184.87%. The firm had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.14 billion. During the same period in the prior year, the company posted $1.83 earnings per share. The firm’s quarterly revenue was up .1% on a year-over-year basis. On average, analysts expect that Kimberly-Clark Corporation will post 7.5 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on KMB shares. Weiss Ratings started coverage on shares of Kimberly-Clark in a research note on Thursday, October 30th. They issued a “hold (c+)” rating for the company. Evercore ISI reiterated an “in-line” rating and set a $120.00 target price (down previously from $150.00) on shares of Kimberly-Clark in a report on Tuesday, November 4th. Royal Bank Of Canada restated an “overweight” rating and issued a $162.00 price target on shares of Kimberly-Clark in a report on Tuesday, October 28th. JPMorgan Chase & Co. boosted their price objective on shares of Kimberly-Clark from $127.00 to $129.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Finally, Wells Fargo & Company dropped their price objective on shares of Kimberly-Clark from $129.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 4th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $128.91.

Kimberly-Clark Company 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.