Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Unigestion Holding SA

Unigestion Holding SA raised its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 88.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,648 shares of the company's stock after purchasing an additional 39,764 shares during the quarter. Unigestion Holding SA's holdings in Kimberly-Clark were worth $12,044,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new position in Kimberly-Clark in the second quarter worth approximately $26,000. New Millennium Group LLC bought a new position in shares of Kimberly-Clark during the second quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new position in Kimberly-Clark in the third quarter worth approximately $29,000. Strategic Financial Concepts LLC purchased a new position in shares of Kimberly-Clark in the 2nd quarter valued at $32,000. Finally, DiNuzzo Private Wealth Inc. lifted its stake in shares of Kimberly-Clark by 808.0% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company's stock worth $32,000 after purchasing an additional 202 shares during the last quarter. Hedge funds and other institutional investors own 76.29% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. reduced their target price on Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating on the stock in a research report on Wednesday, October 23rd. UBS Group lowered their price target on Kimberly-Clark from $153.00 to $151.00 and set a "neutral" rating for the company in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a "hold" rating in a research report on Tuesday, October 8th. Finally, Barclays lifted their price objective on shares of Kimberly-Clark from $135.00 to $144.00 and gave the stock an "equal weight" rating in a research note on Friday, October 11th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $149.93.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 3,000 shares of the business's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the transaction, the vice president now owns 5,053 shares in the company, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.62% of the stock is owned by company insiders.

Kimberly-Clark Trading Down 1.8 %

Shares of KMB traded down $2.42 during mid-day trading on Wednesday, reaching $130.65. The stock had a trading volume of 2,094,257 shares, compared to its average volume of 2,117,191. 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's fifty day moving average is $137.67 and its 200 day moving average is $139.43. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30. The firm has a market cap of $43.57 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 2.83 and a beta of 0.40.

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

Kimberly-Clark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 6th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend is Friday, December 6th. Kimberly-Clark's dividend 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.