Andra AP fonden Buys 55,200 Shares of Kimberly-Clark Co. (NYSE:KMB)

Andra AP fonden boosted its holdings in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 13.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 475,100 shares of the company's stock after buying an additional 55,200 shares during the period. Kimberly-Clark makes up about 1.0% of Andra AP fonden's investment portfolio, making the stock its 8th largest position. Andra AP fonden owned about 0.14% of Kimberly-Clark worth $62,257,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Migdal Insurance & Financial Holdings Ltd. bought a new position in Kimberly-Clark during the fourth quarter worth $25,000. Marshall Investment Management LLC acquired a new stake in Kimberly-Clark during the fourth quarter worth about $25,000. Darwin Wealth Management LLC acquired a new stake in Kimberly-Clark during the third quarter worth about $29,000. Golden State Wealth Management LLC bought a new position in Kimberly-Clark during the fourth quarter valued at about $32,000. Finally, Strategic Financial Concepts LLC bought a new position in Kimberly-Clark in the fourth quarter worth $33,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on KMB shares. Royal Bank of Canada restated an "outperform" rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research note on Friday, January 24th. Citigroup cut their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a research note on Wednesday, January 15th. Wells Fargo & Company decreased their price objective on Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 7th. Barclays dropped their target price on Kimberly-Clark from $144.00 to $132.00 and set an "equal weight" rating for the company in a report on Friday, January 17th. Finally, StockNews.com raised Kimberly-Clark from a "hold" rating to a "buy" rating in a research note on Thursday, March 6th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $143.64.

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Kimberly-Clark Price Performance

NYSE KMB traded down $3.38 on Tuesday, hitting $144.02. 2,507,282 shares of the company were exchanged, compared to its average volume of 2,042,614. Kimberly-Clark Co. has a 1-year low of $123.02 and a 1-year high of $150.45. The firm has a 50 day moving average of $132.70 and a two-hundred day moving average of $136.48. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The company has a market cap of $47.77 billion, a P/E ratio of 19.08, a P/E/G ratio of 4.46 and a beta of 0.36.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. On average, equities analysts predict that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be paid a $1.26 dividend. This is a boost from Kimberly-Clark's previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a dividend yield of 3.50%. The ex-dividend date is Friday, March 7th. Kimberly-Clark's dividend payout ratio (DPR) is 66.75%.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the sale, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. This trade represents a 58.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.62% of the stock is currently owned by corporate insiders.

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.