Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Sei Investments Co.

Sei Investments Co. boosted its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 5.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 299,660 shares of the company's stock after purchasing an additional 14,831 shares during the period. Sei Investments Co. owned about 0.09% of Kimberly-Clark worth $39,267,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Kimberly-Clark in the fourth quarter worth about $25,000. Marshall Investment Management LLC purchased a new stake in shares of Kimberly-Clark in the 4th quarter worth approximately $25,000. Golden State Wealth Management LLC purchased a new position in Kimberly-Clark during the fourth quarter valued at $32,000. Strategic Financial Concepts LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter worth about $33,000. Finally, Roxbury Financial LLC purchased a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on KMB shares. StockNews.com upgraded shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. JPMorgan Chase & Co. dropped their target price on Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating on the stock in a research report on Thursday, January 16th. UBS Group increased their price objective on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. TD Cowen lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 target price for the company. in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company cut 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 report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Kimberly-Clark presently has an average rating of "Hold" and an average target price of $143.64.

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Kimberly-Clark Trading Down 0.6 %

Shares of NYSE:KMB traded down $0.87 on Tuesday, hitting $136.95. 1,800,993 shares of the company's stock were exchanged, compared to its average volume of 2,036,552. The stock has a market capitalization of $45.42 billion, a price-to-earnings ratio of 18.14, a price-to-earnings-growth ratio of 4.46 and a beta of 0.36. Kimberly-Clark Co. has a 12 month low of $123.84 and a 12 month high of $150.45. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The business's 50 day simple moving average is $135.09 and its two-hundred day simple moving average is $136.11.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly 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 return on equity of 201.43% and a net margin of 12.69%. Analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be given a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a dividend yield of 3.68%. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. Kimberly-Clark's dividend payout ratio is presently 66.75%.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 2,500 shares of the company's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $140.00, for a total transaction of $350,000.00. Following the transaction, the vice president now owns 2,553 shares in the company, valued at approximately $357,420. This represents a 49.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.64% of the company's stock.

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.