MASTERINVEST Kapitalanlage GmbH Increases Position in Kimberly-Clark Corporation $KMB

MASTERINVEST Kapitalanlage GmbH lifted its position in Kimberly-Clark Corporation (NASDAQ:KMB) by 36.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,963 shares of the company’s stock after acquiring an additional 5,837 shares during the period. MASTERINVEST Kapitalanlage GmbH’s holdings in Kimberly-Clark were worth $2,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of Kimberly-Clark in the second quarter valued at about $27,000. Godfrey Financial Associates Inc. acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth about $25,000. CrossGen Wealth LLC purchased a new stake in Kimberly-Clark in the fourth quarter valued at approximately $27,000. Ancora Advisors LLC acquired a new position in Kimberly-Clark in the 2nd quarter worth approximately $32,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new position in Kimberly-Clark during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Trading Down 0.3%

Kimberly-Clark stock opened at $109.98 on Friday. The firm has a market cap of $36.58 billion, a PE ratio of 18.70, a P/E/G ratio of 5.26 and a beta of 0.26. Kimberly-Clark Corporation has a 12 month low of $92.42 and a 12 month high of $131.53. The stock’s 50 day simple moving average is $109.52 and its two-hundred day simple moving average is $103.67. The company has a current ratio of 0.91, a quick ratio of 0.69 and a debt-to-equity ratio of 3.45.

Kimberly-Clark (NASDAQ:KMB) last posted its earnings results on Tuesday, August 4th. The company reported $1.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.01 by ($0.21). Kimberly-Clark had a net margin of 11.79% and a return on equity of 143.92%. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.22 billion. During the same quarter in the prior year, the firm earned $1.92 earnings per share. The business’s revenue for the quarter was up .6% on a year-over-year basis. Analysts anticipate that Kimberly-Clark Corporation will post 7.42 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 4th will be given a $1.28 dividend. The ex-dividend date is Friday, September 4th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.7%. Kimberly-Clark’s dividend payout ratio is 87.07%.

Analyst Ratings Changes

Several analysts have commented on the stock. UBS Group lifted their price objective on shares of Kimberly-Clark from $115.00 to $116.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Weiss Ratings raised shares of Kimberly-Clark from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 28th. Freedom Capital upgraded shares of Kimberly-Clark from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Wells Fargo & Company upped their price target on shares of Kimberly-Clark from $100.00 to $110.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Finally, Barclays increased their price target on Kimberly-Clark from $101.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $117.93.

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.