Ossiam Buys 4,698 Shares of Kimberly-Clark Co. (NYSE:KMB)

Ossiam grew its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 60.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,500 shares of the company's stock after purchasing an additional 4,698 shares during the quarter. Ossiam's holdings in Kimberly-Clark were worth $1,638,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. BI Asset Management Fondsmaeglerselskab A S increased its position in Kimberly-Clark by 204.2% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 220,466 shares of the company's stock valued at $28,890,000 after acquiring an additional 147,983 shares during the period. Capital International Inc. CA raised its stake in shares of Kimberly-Clark by 39.1% during the fourth quarter. Capital International Inc. CA now owns 22,040 shares of the company's stock worth $2,888,000 after purchasing an additional 6,198 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Kimberly-Clark by 5.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,285,180 shares of the company's stock worth $299,446,000 after purchasing an additional 116,554 shares during the period. First Trust Advisors LP grew its position in Kimberly-Clark by 163.1% in the 4th quarter. First Trust Advisors LP now owns 2,142,749 shares of the company's stock valued at $280,786,000 after buying an additional 1,328,341 shares during the last quarter. Finally, Forum Financial Management LP raised its position in Kimberly-Clark by 15.0% during the 4th quarter. Forum Financial Management LP now owns 9,906 shares of the company's stock worth $1,298,000 after buying an additional 1,292 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Insider Activity

In other news, VP Andrew Drexler sold 10,838 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the sale, the vice president now owns 7,720 shares of the company's stock, valued at approximately $1,088,520. This represents a 58.40 % 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. Corporate insiders own 0.64% of the company's stock.

Kimberly-Clark Trading Down 0.6 %

Shares of NYSE KMB traded down $0.76 during midday trading on Friday, reaching $131.58. The stock had a trading volume of 2,626,979 shares, compared to its average volume of 2,255,121. Kimberly-Clark Co. has a twelve month low of $124.10 and a twelve month high of $150.45. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The company's 50 day moving average price is $139.70 and its 200 day moving average price is $135.61. The firm has a market cap of $43.64 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.89 by $0.04. The firm had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. During the same period in the prior year, the business posted $2.01 earnings per share. As a group, sell-side analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were issued a $1.26 dividend. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date was Friday, March 7th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.83%. Kimberly-Clark's dividend payout ratio is presently 68.66%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on KMB. JPMorgan Chase & Co. boosted their target price on shares of Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research report on Friday, April 11th. Piper Sandler reduced their target price on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a research note on Wednesday. Wells Fargo & Company upped their target price on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a report on Friday, March 28th. TD Cowen lowered 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 report on Wednesday, January 8th. Finally, UBS Group raised their target price on shares of Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, Kimberly-Clark currently has a consensus rating of "Hold" and a consensus target price of $145.08.

Kimberly-Clark Company 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.