Chevy Chase Trust Holdings LLC Has $28.49 Million Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Chevy Chase Trust Holdings LLC decreased its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 217,377 shares of the company's stock after selling 6,204 shares during the period. Chevy Chase Trust Holdings LLC owned about 0.07% of Kimberly-Clark worth $28,485,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Asset Planning Inc acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth approximately $919,000. V Square Quantitative Management LLC boosted its position in shares of Kimberly-Clark by 3.0% during the 4th quarter. V Square Quantitative Management LLC now owns 7,293 shares of the company's stock worth $956,000 after acquiring an additional 210 shares in the last quarter. Catalyst Financial Partners LLC boosted its position in shares of Kimberly-Clark by 1.4% during the 4th quarter. Catalyst Financial Partners LLC now owns 28,407 shares of the company's stock worth $3,722,000 after acquiring an additional 390 shares in the last quarter. Ingalls & Snyder LLC boosted its position in shares of Kimberly-Clark by 11.4% during the 4th quarter. Ingalls & Snyder LLC now owns 11,215 shares of the company's stock worth $1,470,000 after acquiring an additional 1,150 shares in the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of Kimberly-Clark by 630.9% during the 4th quarter. Van ECK Associates Corp now owns 25,639 shares of the company's stock worth $3,360,000 after acquiring an additional 22,131 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Kimberly-Clark Trading Up 1.6 %

NYSE KMB traded up $2.21 during mid-day trading on Wednesday, reaching $137.85. 1,843,188 shares of the stock were exchanged, compared to its average volume of 2,165,535. Kimberly-Clark Co. has a one year low of $118.62 and a one year high of $149.30. The stock has a 50 day simple moving average of $129.89 and a 200-day simple moving average of $136.45. The stock has a market cap of $45.72 billion, a P/E ratio of 18.26, a P/E/G ratio of 4.25 and a beta of 0.41. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share 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, analysts anticipate that Kimberly-Clark Co. will post 7.51 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. Investors of record on Friday, March 7th will be paid a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Friday, March 7th. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. Kimberly-Clark's dividend payout ratio (DPR) is currently 64.64%.

Analyst Ratings Changes

Several brokerages recently commented on KMB. Barclays dropped their price objective on shares of Kimberly-Clark from $144.00 to $132.00 and set an "equal weight" rating for the company in a research note on Friday, January 17th. Wells Fargo & Company dropped their price objective on shares of Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 7th. TD Cowen downgraded shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price objective for the company. in a research note on Wednesday, January 8th. UBS Group increased their price objective on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research note on Friday, January 24th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $143.64.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the firm's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the sale, the vice president now directly owns 5,053 shares in the company, valued at approximately $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.62% of the stock is owned by insiders.

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.