AEGON ASSET MANAGEMENT UK Plc Increases Holdings in Kimberly-Clark Co. (NYSE:KMB)

AEGON ASSET MANAGEMENT UK Plc boosted its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 135.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 242,779 shares of the company's stock after buying an additional 139,844 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc owned approximately 0.07% of Kimberly-Clark worth $34,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of KMB. Price T Rowe Associates Inc. MD increased its position in Kimberly-Clark by 19.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,893,146 shares of the company's stock worth $762,279,000 after buying an additional 944,920 shares during the last quarter. Wulff Hansen & CO. increased its position in Kimberly-Clark by 13,720.0% in the second quarter. Wulff Hansen & CO. now owns 641,524 shares of the company's stock worth $88,659,000 after buying an additional 636,882 shares during the last quarter. Marshall Wace LLP increased its position in Kimberly-Clark by 48.4% in the second quarter. Marshall Wace LLP now owns 1,545,147 shares of the company's stock worth $213,539,000 after buying an additional 503,839 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Kimberly-Clark by 22.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company's stock worth $267,383,000 after acquiring an additional 354,501 shares during the period. Finally, Capital World Investors boosted its holdings in shares of Kimberly-Clark by 17.8% in the first quarter. Capital World Investors now owns 2,269,492 shares of the company's stock worth $293,559,000 after acquiring an additional 342,790 shares during the period. 76.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on KMB. Deutsche Bank Aktiengesellschaft raised their price target on Kimberly-Clark from $146.00 to $147.00 and gave the stock a "hold" rating in a report on Tuesday, October 8th. Barclays raised their price target on Kimberly-Clark from $135.00 to $144.00 and gave the stock an "equal weight" rating in a report on Friday, October 11th. StockNews.com lowered Kimberly-Clark from a "strong-buy" rating to a "buy" rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. cut their price target on Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating for the company in a report on Wednesday, October 23rd. Finally, TD Cowen initiated coverage on Kimberly-Clark in a research note on Tuesday, July 23rd. They set a "buy" rating and a $161.00 price objective for the company. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $149.93.

Kimberly-Clark Price Performance

KMB stock traded up $1.36 during mid-day trading on Friday, hitting $133.61. 1,703,481 shares of the stock were exchanged, compared to its average volume of 2,159,661. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. The business has a fifty day moving average price of $140.93 and a 200 day moving average price of $139.24. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The stock has a market capitalization of $44.56 billion, a price-to-earnings ratio of 17.33, a PEG ratio of 2.77 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.14. The firm had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The company's revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.74 earnings per share. On average, sell-side analysts anticipate that Kimberly-Clark Co. will post 7.26 EPS for the current year.

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.