Diversified Trust Co Buys 8,421 Shares of Kimberly-Clark Co. (NYSE:KMB)

Diversified Trust Co raised its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 16.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 60,059 shares of the company's stock after buying an additional 8,421 shares during the quarter. Diversified Trust Co's holdings in Kimberly-Clark were worth $7,769,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Kimberly-Clark during the 4th quarter worth $437,420,000. American Century Companies Inc. increased its stake in shares of Kimberly-Clark by 14.7% during the 3rd quarter. American Century Companies Inc. now owns 4,996,401 shares of the company's stock worth $603,815,000 after purchasing an additional 641,187 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Kimberly-Clark by 31.4% during the 3rd quarter. Royal Bank of Canada now owns 2,197,184 shares of the company's stock worth $265,530,000 after purchasing an additional 524,632 shares during the last quarter. Capital World Investors increased its stake in shares of Kimberly-Clark by 23.8% during the 4th quarter. Capital World Investors now owns 1,926,702 shares of the company's stock worth $234,114,000 after purchasing an additional 370,094 shares during the last quarter. Finally, Nordea Investment Management AB increased its stake in shares of Kimberly-Clark by 28.3% during the 4th quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company's stock worth $202,740,000 after purchasing an additional 368,505 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $136.83, for a total transaction of $342,075.00. Following the completion of the sale, the vice president now owns 8,053 shares in the company, valued at approximately $1,101,891.99. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $136.83, for a total transaction of $342,075.00. Following the transaction, the vice president now owns 8,053 shares of the company's stock, valued at approximately $1,101,891.99. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares in the company, valued at approximately $109,050.15. The disclosure for this sale can be found here. Insiders sold a total of 24,395 shares of company stock worth $3,332,776 in the last quarter. 0.62% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

KMB has been the topic of several analyst reports. StockNews.com lowered shares of Kimberly-Clark from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, June 25th. Bank of America raised shares of Kimberly-Clark from an "underperform" rating to a "buy" rating and upped their price objective for the stock from $115.00 to $160.00 in a report on Thursday, June 13th. JPMorgan Chase & Co. upped their price objective on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an "underweight" rating in a report on Wednesday, April 24th. Citigroup upped their price objective on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a "sell" rating in a report on Wednesday, April 24th. Finally, HSBC upped their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a "hold" rating in a report on Wednesday, April 24th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $141.64.

Kimberly-Clark Price Performance

Shares of NYSE:KMB traded down $0.38 during midday trading on Monday, reaching $137.82. 1,971,725 shares of the company's stock were exchanged, compared to its average volume of 2,162,199. The company's 50 day simple moving average is $135.86 and its two-hundred day simple moving average is $127.56. The firm has a market capitalization of $46.41 billion, a PE ratio of 25.33, a price-to-earnings-growth ratio of 3.11 and a beta of 0.37. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $142.20. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The business had revenue of $5.15 billion during the quarter, compared to analysts' expectations of $5.08 billion. During the same quarter last year, the company posted $1.67 EPS. The firm's revenue for the quarter was down .9% on a year-over-year basis. Equities research analysts expect that Kimberly-Clark Co. will post 7.06 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend is Friday, June 7th. Kimberly-Clark's dividend payout ratio is 89.71%.

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.