Compagnie Lombard Odier SCmA Sells 18,000 Shares of Kimberly-Clark Co. (NYSE:KMB)

Compagnie Lombard Odier SCmA lowered its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 14.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,100 shares of the company's stock after selling 18,000 shares during the quarter. Compagnie Lombard Odier SCmA's holdings in Kimberly-Clark were worth $14,428,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Park Avenue Securities LLC grew its stake in Kimberly-Clark by 77.4% in the fourth quarter. Park Avenue Securities LLC now owns 13,786 shares of the company's stock valued at $1,807,000 after purchasing an additional 6,016 shares in the last quarter. Pensionfund Sabic lifted its position in shares of Kimberly-Clark by 45.5% in the fourth quarter. Pensionfund Sabic now owns 12,800 shares of the company's stock worth $1,677,000 after buying an additional 4,000 shares during the last quarter. Barclays PLC lifted its position in shares of Kimberly-Clark by 19.4% in the third quarter. Barclays PLC now owns 1,681,671 shares of the company's stock worth $239,267,000 after buying an additional 273,813 shares during the last quarter. Vest Financial LLC lifted its position in shares of Kimberly-Clark by 6.5% in the third quarter. Vest Financial LLC now owns 347,269 shares of the company's stock worth $49,409,000 after buying an additional 21,339 shares during the last quarter. Finally, Aprio Wealth Management LLC lifted its position in shares of Kimberly-Clark by 20.0% in the fourth quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company's stock worth $366,000 after buying an additional 466 shares during the last quarter. Hedge funds and other institutional investors own 76.29% of the company's stock.

Insider Activity

In other news, VP Andrew Drexler sold 3,000 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the sale, the vice president now directly owns 5,053 shares in the company, valued at approximately $702,417.53. This represents a 37.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.62% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. TD Cowen cut Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price target for the company. in a research report on Wednesday, January 8th. UBS Group boosted their price target on Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 29th. Wells Fargo & Company reduced their price target on 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. JPMorgan Chase & Co. cut their price objective on Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating for the company in a research report on Thursday, January 16th. Finally, StockNews.com cut Kimberly-Clark from a "buy" rating to a "hold" rating in a research report on Saturday. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $143.64.

Kimberly-Clark Stock Performance

Kimberly-Clark stock traded up $2.99 during trading hours on Tuesday, hitting $135.66. The stock had a trading volume of 2,695,388 shares, compared to its average volume of 2,176,658. The company has a 50-day moving average of $129.84 and a two-hundred day moving average of $136.49. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The company has a market cap of $45.24 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 4.12 and a beta of 0.41. Kimberly-Clark Co. has a fifty-two week low of $118.62 and a fifty-two week high of $149.30.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. On average, equities research analysts anticipate that Kimberly-Clark Co. will post 7.51 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be paid a $1.26 dividend. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Friday, March 7th. Kimberly-Clark's dividend payout ratio is currently 64.64%.

Kimberly-Clark 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.