B. Metzler seel. Sohn & Co. Holding AG Makes New $2.84 Million Investment in Kimberly-Clark Co. (NYSE:KMB)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 19,963 shares of the company's stock, valued at approximately $2,840,000.

A number of other hedge funds also recently made changes to their positions in the stock. CX Institutional lifted its holdings in Kimberly-Clark by 1.2% during the second quarter. CX Institutional now owns 5,968 shares of the company's stock valued at $825,000 after purchasing an additional 71 shares in the last quarter. Wesbanco Bank Inc. raised its holdings in Kimberly-Clark by 0.9% during the third quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company's stock valued at $1,101,000 after acquiring an additional 71 shares during the period. My Legacy Advisors LLC lifted its position in shares of Kimberly-Clark by 4.6% in the third quarter. My Legacy Advisors LLC now owns 1,741 shares of the company's stock valued at $248,000 after acquiring an additional 76 shares in the last quarter. Graypoint LLC boosted its stake in shares of Kimberly-Clark by 1.5% in the third quarter. Graypoint LLC now owns 5,315 shares of the company's stock worth $756,000 after acquiring an additional 78 shares during the period. Finally, Equitable Trust Co. raised its stake in Kimberly-Clark by 0.9% during the 2nd quarter. Equitable Trust Co. now owns 9,066 shares of the company's stock valued at $1,253,000 after purchasing an additional 80 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on KMB shares. JPMorgan Chase & Co. cut their price objective on shares of Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating for the company in a report on Wednesday, October 23rd. Argus upgraded shares of Kimberly-Clark to a "hold" rating in a report on Friday, July 26th. StockNews.com downgraded shares of Kimberly-Clark from a "strong-buy" rating to a "buy" rating in a report on Tuesday, July 30th. UBS Group reduced their target price on Kimberly-Clark from $153.00 to $151.00 and set a "neutral" rating on the stock in a report on Wednesday, October 23rd. Finally, Wells Fargo & Company dropped their price target on Kimberly-Clark from $138.00 to $134.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 24th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $149.93.

Kimberly-Clark Stock Up 0.6 %

NYSE KMB opened at $136.37 on Thursday. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a 52 week low of $117.67 and a 52 week high of $149.30. The firm has a market capitalization of $45.48 billion, a price-to-earnings ratio of 17.69, a PEG ratio of 2.85 and a beta of 0.40. The company has a fifty day moving average of $138.92 and a two-hundred day moving average of $139.13.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.14. The firm had revenue of $4.95 billion during the quarter, compared to analysts' expectations of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The firm's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.74 EPS. On average, analysts predict that Kimberly-Clark Co. will post 7.27 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 6th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend is Friday, December 6th. Kimberly-Clark's payout ratio is currently 63.29%.

About Kimberly-Clark

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.